Property Overview: 1446 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This 2014-built, one-storey home in Grassie offers a compelling mix of modern construction and practical living. Its key appeal lies in its relative newness compared to most area homes, potentially reducing immediate concerns over major aging systems or outdated building standards. With 1,167 sqft of living space and a full, unrenovated basement, it provides a solid foundation for a first home or a low-maintenance residence.
The property’s strengths are specific. It sits on a standard city lot and, while the living space is modest for the broader neighbourhood, it is competitively sized for its immediate street. The assessed value is notably below average for the Grassie area, which could indicate a more accessible entry point into a community of typically higher-valued homes. This combination suits practical, value-conscious buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a newer build over having a large footprint or a fully finished basement. A thoughtful perspective is that this home represents an opportunity to live in a well-established neighbourhood without inheriting the repair legacy of an older house, allowing the owner to customize any updates on their own timeline.
Section 2: Frequently Asked Questions
1. Why is the assessed value significantly lower than the neighbourhood average?
While the home is newer, assessed values consider multiple factors including specific location on the street, living area, and market conditions. Its below-average valuation for Grassie may reflect its more compact size compared to area norms, making it a potentially more affordable option within the community.
2. What does "basement yes, not renovated" imply?
It confirms the home has a full basement, but it is unfinished. This provides essential utility space and storage, and offers a blank canvas for future development, subject to permits and budgeting.
3. How does the 2014 build year affect this property?
A 12-year-old home is a standout feature in a city and neighbourhood where many houses are decades older. This typically means modern building codes, newer major components (like roof, windows, HVAC), and potentially better energy efficiency, which can translate to lower immediate maintenance costs.
4. Is the living space sufficient for a family?
At 1,167 sqft above grade, the space is functional but compact. It would suit a small family, a couple, or an individual comfortably. The unrenovated basement presents a clear opportunity to expand living space in the future, which is a key consideration for growing households.
5. What is the context of the last sold price (2021) shown?
The listed sale range from 2021 provides historical market data. For a current market valuation, it should be considered alongside recent comparable sales, current condition, and market trends, as prices have likely shifted in the intervening years.