Property Overview: 251 Jacques Avenue, Grassie, Winnipeg
Key Characteristics & Appeal
This bi-level home at 251 Jacques Avenue is a practical and modern offering in Winnipeg's Grassie neighbourhood. Built in 2001, its key features include 1,258 sqft of living space, a renovated basement, and an attached garage. The property sits on a 4,269 sqft lot, which is more compact than many in the immediate area but is close to the city-wide average.
The primary appeal lies in its balance of modern construction and manageable scale. While its living space is below the local average for Grassie, its assessed value ranks above average city-wide, suggesting it may offer good value relative to the broader market. The renovated basement adds functional living space without the need for immediate updates. This home would suit first-time buyers or downsizers looking for a relatively modern, low-maintenance property in a established neighbourhood. Its efficient size and lot make it ideal for those who prefer less yard work and a cozy interior layout, without sacrificing the benefits of a garage and recent renovations.
Frequently Asked Questions
1. How does the property's value compare to the area?
The home’s assessed value is around average for its street and neighbourhood, but ranks above average compared to the entire city of Winnipeg. This indicates it may be priced more accessibly than many homes across Winnipeg, while being fairly typical for Grassie.
2. Is the lot size a disadvantage?
The land area is smaller than most lots on Jacques Avenue and in Grassie. This means less private outdoor space and potentially closer proximity to neighbours. However, it also translates to less maintenance, which can be a positive for buyers seeking a lower-upkeep yard.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, the presence of proper permits, and whether it includes a bedroom, bathroom, or simply finished living space.
4. How have sold prices trended for this home?
Public data shows sold price ranges of $40.5k-$43.5k in March 2021 and $43.5k-$46.5k in November 2023. The exact sold prices are available upon request from the listing service, which can provide precise figures for market analysis.
5. Who might this home not suit?
Given its below-average living area and lot size for the immediate area, it may not suit buyers looking for ample room for a growing family, those who desire extensive outdoor space, or anyone prioritizing a top-tier ranking in square footage within the Grassie neighbourhood specifically.