Property Overview: 1646 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986 bi-level home in the Grassie neighbourhood presents a practical, no-frills opportunity. With 870 sqft of living space and a renovated basement, it offers functional living on a standard 4,341 sqft lot. The home’s key appeal lies in its position as an affordable entry point into the Winnipeg market. Its assessed value is modest, especially compared to the city-wide average, suggesting a lower property tax burden and an accessible price point.
The home would best suit first-time buyers, investors, or downsizers seeking a straightforward, manageable property without the premium of a larger or newer home. Its below-average size relative to the immediate area and neighbourhood means lower maintenance and utility costs, which is a significant, though less obvious, advantage for budget-conscious owners. The detached garage adds practical storage or workshop space. This is a property for those who value practicality and financial accessibility over modern size or finishes, offering a chance to build equity in a stable, established community.
Section 2: Frequently Asked Questions
1. Is this a small home?
Yes. At 870 sqft, the living area is notably smaller than most homes on its street, in Grassie, and across Winnipeg. This is a compact, efficient layout.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification with the seller or a viewing to understand the finish quality and layout.
3. How are the property taxes likely to be?
Given the home's assessed value of $35,200 is significantly below local averages, the municipal property tax bill should be comparatively low, which is a key financial benefit.
4. Is the lot size a pro or a con?
The lot is average for the street but smaller than many in Grassie. This means less yard maintenance, which is a plus for some, but may limit expansion or outdoor activities for others.
5. How does the 1986 build year affect the home?
Built 40 years ago, the home is older than most on its street. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, windows, and mechanical systems.