Property Overview: 1450 Concordia Avenue E, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, one-storey home built in 2014, offering a move-in-ready foundation in the established Grassie neighbourhood. Its key appeal lies in its contemporary age, which stands out significantly in its local context—it's newer than approximately 96% of homes on its street and in the wider area. This suggests updated building systems and less immediate need for major repairs.
With 1,167 sqft of living space and a detached garage, the home is practically sized for small families, couples, or downsizers. The lot, while smaller than many in Grassie, is manageable and requires less upkeep. Its assessed value is notably below the neighbourhood average, which could indicate a value opportunity for a newer build, though buyers should investigate the reasons behind this.
This property would best suit buyers seeking a modern home without a premium "new build" price tag, and who prioritize interior condition over a large yard. It’s also a sensible choice for those who want to avoid the renovation projects common with older area homes, though the unrenovated basement presents a blank canvas for future expansion.
Section 2: Frequently Asked Questions
1. Is the price fair for a home built in 2014?
The home’s assessed value is below the Grassie neighbourhood average, which is unusual for a newer property. This could represent good value, but it’s essential to understand why—factors could include its smaller lot and living area relative to area norms, or its basement condition. A professional inspection and market analysis are recommended.
2. What is the Grassie neighbourhood like?
Grassie is a mature neighbourhood with a mix of older and newer homes. The property’s modern build date is an exception, meaning you’ll have a newer home while enjoying the established trees and community feel of an older area.
3. How does the floor plan and size compare to nearby homes?
At 1,167 sqft, the living area is slightly below the average for Concordia Avenue E. This makes it a moderately sized, efficient home. The one-storey design may appeal to those seeking accessibility or single-level living.
4. What is the potential of the basement?
The listing notes the basement exists but is "not renovated." This means it is likely unfinished or in a rough-in state, offering significant storage space and the potential for future customization (e.g., a rec room, home office, or additional bedroom) at the owner’s discretion and budget.
5. What are the typical property taxes?
While not stated directly, property taxes are based on the assessed value. With an assessed value of $38,200, the taxes would be calculated using the City of Winnipeg’s mill rate. You can estimate this by multiplying the assessed value by the current residential mill rate (approximately 1.3% to 1.5%), but consulting the city’s tax calculator or a recent tax statement is advised for an exact figure.