Property Overview: 31 McMahon Place, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986 four-level split home at 31 McMahon Place offers 1,663 sqft of living space on a 5,470 sqft lot. Its key characteristic is a profile of solid averages with specific, strategic advantages. The living area is comfortably above the Winnipeg average, providing more space than many city homes, while the assessed value is notably modest for the Grassie neighbourhood. This creates a value proposition: you get a home with city-above-average interior space at a below-average cost for this specific area.
The appeal lies in this balance and potential. The house presents as a functional, unrenovated canvas with an attached garage. It suits practical buyers looking for a home with generous room to grow into in a stable neighbourhood, without paying a premium for location alone. It’s particularly suited for value-conscious purchasers who prioritize interior square footage over a large yard and see opportunity in a home that hasn’t been updated. A thoughtful perspective is that its lower assessment within the area could signal a more manageable property tax burden relative to its immediate neighbours, an ongoing cost savings that is often overlooked.
Section 2: Frequently Asked Questions
1. How does the property’s value compare?
The home’s assessed value is below the average for both McMahon Place and the wider Grassie area, but aligns closely with the average for the entire City of Winnipeg. This suggests it may be priced more accessibly within its immediate neighbourhood.
2. Is the living space large for the area?
At 1,663 sqft, the living area is near the average for Grassie but ranks above average compared to homes across Winnipeg, indicating you get more interior space than many city properties.
3. What is the significance of the lot size?
The lot is approximately 5,470 sqft. It is the smallest on McMahon Place but is very close to the average lot size for both the Grassie neighbourhood and Winnipeg as a whole, making it typical for the city.
4. What does “four-level split” mean for living?
This style typically means multiple, shorter flights of stairs creating distinct living zones across four half-levels. It offers good separation of space (e.g., quiet bedrooms away from living areas) but involves more interior stairs than a bungalow or two-storey.
5. The home is unrenovated. What should I consider?
This confirms the basement is finished but not updated. It presents both a potential cost for modernization and an opportunity to customize the space to your taste without first undoing someone else’s renovations. Budgeting for updates will be key.