Property Summary: 4410 Grant Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1963, situated on a notably large, mature lot of over 8,600 square feet in the Eric Coy neighbourhood. Its key appeal lies in this generous outdoor space, offering significant potential for gardening, recreation, or future expansion. With 1,056 sqft of living space and a finished basement, it provides practical, single-level living.
The home’s value proposition is grounded in its recent sale price, which aligns closely with its city assessment, suggesting a stable and transparent market valuation. Its standout feature is the lot size, which ranks in the top 9% of all properties in Winnipeg, a rare find that provides a sense of privacy and space uncommon in the city. This property would suit first-time buyers, downsizers looking for manageable single-level living without sacrificing yard space, or long-term investors attracted by the intrinsic value of the land. It’s a home for those who prioritize outdoor potential and neighbourhood stability over modern finishes or a large interior footprint.
Section 2: Frequently Asked Questions
1. How does the age of the home (1963) affect it?
While the building is over 60 years old, its systems and structure have been maintained, as evidenced by its steady market value. Buyers should budget for updates consistent with a home of this era but can also appreciate the solid construction and character of mid-century builds.
2. What does the lot size ranking really mean?
Ranking in the top 9% city-wide for lot size is a significant advantage. It means the property offers more usable land than 91% of homes in Winnipeg, providing exceptional room for outdoor activities, landscaping, or even future additions like a garage or workshop, subject to zoning.
3. Why is there no garage?
Many homes of this vintage and lot configuration were built without garages. The ample lot size presents a clear opportunity to add one, which would be a valuable investment and is a key consideration for buyers who require vehicle storage.
4. The community rankings for value seem low. Is this a concern?
The home ranks in the top 93% for assessed value in its specific neighbourhood (Eric Coy), meaning it is valued higher than most nearby homes. This isn’t inherently negative; it often reflects the home’s above-average lot size and condition relative to its immediate surroundings. It indicates you are buying one of the more substantial properties on the block.
5. The home recently sold. What does this listing represent?
This is a detailed record of that completed sale. It provides full transparency on the final sale price, history, and metrics, serving as a valuable benchmark for neighbours, future buyers in the area, or anyone researching market values in Eric Coy.