Property Overview
This is a well-maintained, single-storey home built in 2009 on a standard residential lot in Grassie. Its key appeal lies in its modern construction relative to much of Winnipeg's housing stock, offering move-in readiness without the immediate concerns of an older home. The attached garage and full basement add practical space. However, the home's living area is notably compact, ranking it among the smallest on its own street. This creates a specific value proposition: you are purchasing a newer, low-maintenance structure, but with less interior square footage than many neighbouring and area homes.
It would best suit first-time buyers, downsizers, or investors seeking a modern, efficient property without a large footprint. The lower-than-average assessed value for the street and neighbourhood suggests a potentially more accessible price point for a newer build, appealing to those prioritizing build year over sheer size. A thoughtful perspective is that this property represents an efficient use of space—it’s a home that covers the essentials in a contemporary package, potentially leading to lower utility and upkeep costs compared to larger or older alternatives.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is described as "not renovated," meaning it is unfinished. This presents both a cost and an opportunity, allowing a new owner to customize the space to their needs.
2. How does the size compare to nearby homes?
At 1,257 sqft, the living area is below the average for both Reg Wyatt Way and the broader Grassie neighbourhood. This is the home's most defining characteristic, making it one of the more compact options in the immediate area.
3. Why is the assessed value lower than the street average?
The assessed value of $42.50k is below the averages for the street and neighbourhood. This typically reflects the home's smaller size and may also account for the unfinished basement. It's a key metric suggesting a different value assessment than simply comparing by year built.
4. What is the lot size?
The lot is 5,310 sqft, which is generally average for the area. It provides standard outdoor space for a home of this type without being exceptionally large or small.
5. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. To obtain the exact sale price from its last transaction in October 2017, you must request it via email from the provided service, which promises a manual reply with the accurate figure.