Property Overview: 262 Jacques Avenue, Grassie, Winnipeg
Key Characteristics & Appeal
This two-storey home on a spacious 7,014 sqft lot in Grassie presents a balanced, move-in-ready opportunity. Built in 1998, its 1,512 sqft living area and renovated basement offer modern, functional space. The attached garage adds practical convenience. Its core appeal lies in its solid positioning within a mature neighbourhood—it’s not an outlier but a well-placed, above-average property citywide. Key metrics show it consistently outperforms city norms for living space, land size, and assessed value, while being comfortably average within its immediate area. This suggests a stable, established setting without premium street pricing.
The home suits pragmatic buyers looking for a turnkey property without the surprises of an older build. It’s ideal for small families or professionals who value a generous yard and updated living space over brand-new construction. A thoughtful perspective is its "middle-of-the-pack" standing on its own street; it offers the benefits of the Grassie area without paying for the most premium lot or newest home on the block, representing a value-conscious entry into a desirable community.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it is very typical for Grassie in terms of size, age, and assessed value, ranking near the middle in most local categories. Its lot size, however, is above average both locally and citywide, which is a distinct advantage.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to clarify with the seller or listing agent to understand the quality and layout of the additional living space.
3. Has the home’s value appreciated over time?
Based on available sold price ranges, the home increased in value between its 2017 and 2021 sales. For exact historical sold prices, you must request the information directly via the provided email service.
4. Is the assessed value a reliable indicator of the listing price?
The assessed value is for municipal tax purposes and is often different from market value. Notably, this home’s assessed value is significantly above the Winnipeg city average, but it’s aligned with the average for Grassie.
5. What is the neighbourhood character of Grassie?
Grassie is an established neighbourhood with homes primarily from the 1980s and 1990s. The property’s metrics—like its 1998 build year being newer than the city median—suggest a well-maintained area with homes that are mature but not outdated.