Property Overview: 243 Jacques Avenue, Grassie, Winnipeg
Key Characteristics & Appeal
This well-maintained one-storey home, built in 2001, offers a practical and modern layout with a renovated basement. Its key appeal lies in its balance of contemporary living within a mature neighbourhood. The home is notably efficient, with a living area (1,258 sq ft) that is comfortably sized yet easier to maintain than many larger comparables in the Grassie area. This creates a value proposition: you get a newer home (above average city-wide for its age) without the upkeep of a sprawling property.
The lot, while smaller than many on its street and in Grassie, is still a generous city-average size at over 4,200 sq ft, offering ample outdoor space without being overwhelming. The attached garage adds everyday convenience. From an investment perspective, the assessed value sits above the city-wide average, suggesting solid foundational value, yet its price history indicates it has been a relatively affordable entry point within the neighbourhood.
This property would suit first-time buyers or downsizers seeking a modern, single-level floor plan in a settled community. It’s also a pragmatic choice for value-conscious buyers who want a home that’s newer than the Winnipeg average but are comfortable with a living space that prioritizes function over sheer size.
Frequently Asked Questions
1. How does the size of this home compare to others in the area?
The living space is more compact than the typical home on Jacques Avenue and in the broader Grassie neighbourhood, placing it in the bottom quarter for size locally. However, it is very close to the average size for a Winnipeg home overall. This suggests a more efficient use of space compared to many area properties.
2. Is the assessed value high for the neighbourhood?
The assessed value is around the average for both Jacques Avenue and Grassie. Interestingly, it ranks higher city-wide, indicating that for its value, you are getting a home that is newer than the Winnipeg median, which is often a positive factor for maintenance and systems.
3. What is the significance of the lot being "below average" for the street?
While the lot is smaller than most direct neighbours, it is not small by general standards. It is still larger than nearly 30% of all residential lots in Winnipeg. This could mean less yard maintenance while still providing private outdoor space.
4. The home sold in 2016 and 2017. What does that price history indicate?
The historical sold prices, when adjusted for the assessed value trends, suggest this home has traditionally been priced as a more accessible option within Grassie. It may represent a consistent value point in the area rather than a property with volatile price swings.
5. Who might this property not be ideal for?
Buyers who prioritize having one of the largest properties on the block or who need extensive square footage for a large family may find the living area and lot size limiting compared to other options in Grassie. It is best suited for those who see the efficient scale as a benefit.