Property Overview
This two-storey home at 298 Jacques Avenue in Winnipeg's Grassie neighbourhood presents a compelling blend of modern build quality and above-average space. Built in 2018, it is a notably newer construction compared to most homes in the area, city, and on its own street. With over 2,100 sqft of living space and a renovated basement, it offers substantial room for a growing family or those who value spacious interiors. The property sits on a large, 7,247 sqft lot with an attached garage.
Its appeal lies in its strong positional metrics: it consistently ranks in the top tier for its living area, assessed value, and year built when compared locally and city-wide. This suggests a property that stands out in its peer group for size, modern amenities, and perceived value. The home would suit buyers looking for a move-in ready, contemporary build without sacrificing lot size, or those seeking a home with strong fundamental metrics that may offer long-term stability and appeal in the Grassie community.
Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home was last sold in July 2021 for an estimated range of $555,000 to $585,000. Its current assessed value is $634,000. This increase reflects market changes and the value placed on its characteristics, but the final market price is always determined between a buyer and seller.
2. Is the lot size a practical advantage?
At over 7,200 sqft, the lot is larger than average. This provides ample private outdoor space, potential for gardening, and room for additions like a shed or deck. It’s a less obvious but significant benefit for those who value privacy and room to breathe, especially in a newer home where large lots are less common.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This is a key point for a buyer to investigate, as the scope (e.g., legal suite, additional bedroom, finished rec room) greatly affects the home's utility and value.
4. How does the age of the home (2018) benefit a buyer?
A build from 2018 likely means modern building codes, newer major systems (like HVAC, wiring, and plumbing), and contemporary insulation standards. This can translate to lower immediate maintenance costs and better energy efficiency compared to older stock in the neighbourhood.
5. Why are the ranking comparisons useful?
They provide objective context beyond the basic specs. For instance, ranking in the top 2% for year built in Grassie confirms its rarity as a new construction. Similarly, its top-tier rankings for living area and assessed value signal a property that is objectively above par for its setting, which can be a factor for both livability and future resale.