Property Overview: 11 Colin Maxwell Bay, Grassie, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Grassie neighbourhood. Built in 2001, it is newer than most homes city-wide and sits on a manageable 5,106 sqft lot. With 1,418 sqft of living space and a renovated basement, it offers a modern, low-maintenance footprint. The attached garage adds convenience.
Its primary appeal lies in its value proposition. The assessed value places it above average compared to the entire city, yet it is one of the more modestly sized and valued homes on its own desirable street of Colin Maxwell Bay. This suggests an entry point into a well-established area. The home last sold in late 2020, and its recent renovation indicates move-in readiness.
This property would suit first-time buyers or downsizers seeking a modern, turn-key home without an oversized yard to maintain. It’s ideal for someone who values being part of a mature community like Grassie, but prefers the efficiencies and systems of a 21st-century build. A thoughtful perspective is that while the lot is the smallest on the block, it translates to less upkeep, allowing more time to enjoy the neighbourhood amenities.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
While its assessed value is above the Winnipeg average, it ranks below the average for Colin Maxwell Bay itself. This means you’re acquiring a home in a desirable location, but one that is priced more accessibly than most on its immediate street.
2. Is the living space smaller than average?
At 1,418 sqft, it is slightly below the average for the Grassie area but is very close to the city-wide average for homes. The renovated basement effectively expands the usable living area.
3. What does the sold price history show?
The home sold previously in December 2020 for between $405,000 and $435,000. For the exact sale price, you can request details via email on the listing page.
4. Is the smaller lot a disadvantage?
The 5,106 sqft lot is the smallest among the 12 homes on Colin Maxwell Bay. For some, this means less private outdoor space. For others, it represents significantly reduced yard work and maintenance while still providing a decent outdoor area.
5. How does the year built affect this home?
Built in 2001, the home is newer than approximately 83% of homes in Winnipeg. This typically suggests more modern building materials, wiring, plumbing, and insulation standards, which can mean lower immediate repair costs and better energy efficiency.