Property Overview: 208-4314 Grant Avenue, Winnipeg
This is a well-maintained, second-floor condominium unit in the Eric Coy neighbourhood. Built in 1996, it offers 1,319 square feet of living space. The property shows strong competitive rankings within its immediate area, particularly for its size and age, and sold for $325,000 in April 2023, closely aligned with its current assessed value.
Key Characteristics & Appeal
The primary appeal of this unit lies in its above-average size for a condo and its established, stable location. It ranks in the top tier of its street and neighbourhood for square footage, meaning it offers more space than most comparable listings nearby. Its 1996 build date is also notably newer than many surrounding homes, offering modern construction without being brand-new. The lack of a basement or garage simplifies ownership, focusing on low-maintenance, single-level living.
This property would suit a practical buyer—perhaps a downsizer, a first-time purchaser, or an investor—who prioritizes space and a move-in-ready condition over amenities like a private garage or yard. Its strong rankings suggest it's a standout property on its street, offering good value within its specific micro-market. A thoughtful perspective is that while its value ranks lower across the broader Winnipeg area, its dominance within the immediate community indicates a highly desirable local footprint, which can be a sign of resilience and neighbourhood pride.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the current details. A buyer must review the condominium corporation's financial statements and bylaws to understand the fee structure and included amenities (like snow removal, building insurance, common area maintenance).
2. Is in-suite laundry included?
The listing does not specify. This is a key detail to confirm during a viewing, as its inclusion is common but not guaranteed in condos of this era.
3. How is the building managed, and is there a healthy reserve fund?
The financial and operational health of the condominium corporation is critical. Prospective buyers should request documentation on the reserve fund study, recent meeting minutes, and any planned special assessments.
4. What is the parking situation for residents and guests?
With no private garage, understanding the dedicated parking (e.g., a surface lot, assigned spot) and visitor parking availability is essential for daily convenience.
5. Why did it sell recently in 2023, and what updates have been made since?
Knowing the reason for the quick turnaround and any subsequent improvements can provide insight into the unit's condition and the seller's motivation.