Property Overview: 140 Orum Drive, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home at 140 Orum Drive is a practical property that stands out for its generous lot size. Built in 1998, it offers 1,177 sqft of living space with a renovated basement and an attached garage. The home’s primary appeal lies in its land: at 7,520 sqft, the lot is significantly larger than most in the immediate area, Grassie neighborhood, and even city-wide. This provides valuable outdoor space and potential.
While the living area is modest compared to nearby homes, the assessed value is solid for its street and neighborhood, and the recent renovation of the basement adds functional living space. The property suits buyers looking for a manageable, single-level layout with room to grow outdoors, whether for gardening, recreation, or future expansion. It’s a grounded choice for first-time homeowners, small families, or downsizers who prioritize a larger yard over a larger house, within a well-established community.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
The lot is over 7,500 sqft, placing it in the top 15% locally. This means you likely have more private yard space than most of your neighbors, a notable advantage in this area.
2. Is the living space sufficient for a growing family?
At 1,177 sqft on the main floor plus a renovated basement, it offers functional space. However, the living area is below the current average for Grassie. Families should consider if the layout and the added basement space meet their long-term needs.
3. What does the "around average" assessed value mean for this street?
It suggests the property is priced consistently with the local market on Orum Drive. Notably, its city-wide assessment ranking is strong (top 26%), which may indicate good value retention compared to the broader Winnipeg market.
4. The home sold recently in 2024. What should I know?
The sale occurred within the last year. It’s advisable to understand the seller’s reason for moving so soon and to verify what, if any, updates have been made since that purchase.
5. Are there any obvious drawbacks from the data?
The living space is notably smaller than the Grassie average. Buyers who prioritize large interior square footage over land size may find better options nearby, but those valuing outdoor space will find this property unique in its offering.