Property Overview: 10 Timmerman Place, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Grassie presents a practical and straightforward living opportunity. Built in 1986, it features 1,223 sqft of living space and sits on a 5,351 sqft lot, with an attached garage and a renovated basement. Its assessed value of $46,200 is notably above the Winnipeg city-wide average for comparable homes, suggesting a solid perceived value relative to the broader market.
The appeal lies in its balance and modesty. It’s not the largest or newest home on its street or in its neighbourhood, but it consistently performs around or above average in key metrics when compared to the entire city. This indicates a property that holds its own in the wider market context. The renovated basement adds functional living space, a valuable update for a home of this age. It would suit first-time buyers, downsizers, or practical investors looking for a manageable, single-level layout in a stable area without extreme premiums. A thoughtful perspective: its "above-average" city-wide assessment, while being average locally, could signal a neighbourhood with consistent and reliable property values, offering a sense of security rather than speculative boom.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,223 sqft, the living area is slightly below the average for both the immediate street and the Grassie neighbourhood, but is very close to the city-wide average for comparable homes.
2. Is the assessed value high?
The assessed value is above the Winnipeg city-wide average for similar properties, ranking in the top 26%. On Timmerman Place and in Grassie, however, it is around the average, indicating it is priced consistently within its immediate community.
3. What is the significance of the year built (1986)?
For the street, it is the newest home among the listed comparables. City-wide, it is newer than about 73% of similar homes, which can be an advantage as it may mean fewer major component replacements (like roofing or windows) are immediately due compared to much older stock.
4. What was the last known sale price?
Public data indicates a sale occurred in September 2020 for an estimated range of $37,500 to $40,500. For the exact historical sold price, you can request the information directly via the provided email service.
5. Who are the closest comparable properties?
The listing references two nearby homes for context: 10 Mclellan Drive (smaller, similar value) and 2 Evelyn Shannon Place (larger, slightly higher value). Several other homes on Timmerman Place itself are also listed as nearby.