Property Overview: 30 Radley Bay, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home at 30 Radley Bay is a straightforward, mid-sized property built in 1986. With 1,266 sqft of living space and an attached garage, it sits on a slightly larger-than-average lot for its immediate street. The home presents as a solid, unrenovated baseline property with a functional, unfinished basement. Its appeal lies in its positional balance: it’s not the largest or newest home on the block, but it holds its own with metrics that are consistently around average for the street, neighbourhood, and city. This suggests a stable, established setting without premium pricing for top-tier finishes or size.
The property would suit practical buyers looking for a manageable footprint—perhaps first-time homeowners, downsizers, or investors seeking a rental property with a classic layout. Its assessed value is notably below the neighbourhood average, which could indicate an opportunity for value-adding renovations, but buyers should be prepared for the work an unrenovated home requires. A thoughtful perspective is that this home offers a "blank canvas" potential in a location that isn't subject to the extreme highs or lows of more variable areas, providing a stable foundation for long-term planning.
Section 2: Frequently Asked Questions
1. What does "unrenovated" typically mean for a home of this age?
It generally indicates the original 1986 construction materials and layouts are largely intact. Expect older but possibly well-maintained kitchens, bathrooms, flooring, and mechanical systems. The unfinished basement confirms no major structural upgrades have been made to expand the living space.
2. How does the assessed value compare to the recent sold price?
The home last sold in April 2023 for between $355,000 and $385,000. Its current assessed value is $395,000. This close alignment suggests the market and municipal assessment are in agreement on its base value, with any sale price likely hinging on current market conditions and the home's unchanged condition.
3. Is the lot size a significant advantage?
At 5,334 sqft, the lot is above average for Radley Bay. This offers more outdoor space than some direct neighbours, which is a plus for gardening, recreation, or future expansion, though it's not exceptionally large for the broader Grassie area.
4. Who might the "practical buyer" be for this home?
This home is well-suited for buyers who prioritize location and lot size over move-in-ready finishes. It's a candidate for someone with a renovation budget looking to customize, an investor comfortable with a property that needs updates, or a buyer seeking a lower entry point into a stable neighbourhood.
5. How does this home rank within its neighbourhood?
The data shows a mix. Its living area and assessed value rank below the Grassie neighbourhood average (in the 72nd and 88th percentiles, meaning many homes are larger and valued higher). However, its year built is newer than many in Winnipeg. This confirms it's a modest home within Grassie but is positioned in a newer segment of the city's overall housing stock.