Property Overview: 1619 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Grassie presents a practical and affordable entry point into the Winnipeg market. Its key characteristic is value: with a city-wide assessed value that is around average, it offers a cost-effective alternative in a city where many homes are assessed higher. The 980 sqft living space is compact, ranking below average for the area, which suggests a efficient, low-maintenance layout. A recently renovated basement adds functional living space. The detached garage and a standard 4,168 sqft lot provide the expected amenities for a house of this era.
The appeal lies in its financial accessibility and simplicity. It suits first-time buyers seeking a manageable starter home without a premium price tag, or investors looking for a straightforward rental property. A less obvious perspective is its age: built in 1986, it is notably newer than the Winnipeg city-wide average, potentially meaning fewer issues with outdated building materials or systems common in much older homes. While it doesn’t top the charts in size or lot dimensions within its immediate neighborhood, it represents a grounded, no-frills option where your investment goes primarily toward the structure and location rather than excessive land or square footage.
Section 2: Frequently Asked Questions
1. Is the price competitive for the area?
Based on assessed value, this home is positioned around the city-wide average but is below average for the specific Grassie neighborhood and Concordia Avenue E street. This indicates it may be priced more accessibly than many direct comparables in the immediate area.
2. What should I know about the home’s size?
The living area is 980 sqft, which is compact. It ranks below average for the street, neighborhood, and city. This is ideal for those seeking efficient, easy-to-maintain spaces, but buyers needing ample room should view the layout carefully.
3. How does the lot size compare?
The lot is 4,168 sqft, which is below average for Grassie and the city overall. It provides adequate outdoor space for a small yard but is not an exceptionally large parcel.
4. What is the home’s history?
The home was built in 1986. Public records show it sold in 2017, 2020, and most recently in September 2022, indicating a relatively active transaction history in recent years.
5. Are there any standout features or concerns?
The renovated basement is a clear positive, adding usable space. The data suggests the home is consistently valued below its immediate neighborhood averages, which could be seen as an affordability advantage or may warrant investigation into the specific reasons (e.g., lot size, home size) to ensure it meets your needs.