Property Overview: 31 Terry Scott Bay, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in Grassie’s Terry Scott Bay area presents a compelling blend of modern convenience and established neighbourhood character. Built in 2014, it is a notably newer property compared to most Winnipeg homes, offering contemporary construction and likely lower immediate maintenance needs. The 1,616 sqft living space is efficiently designed and sits above the city-wide average, while the renovated basement adds valuable finished space. An attached garage provides practical convenience.
The home’s primary appeal lies in its strong positional value. Its assessed value ranks consistently in the top 10-20% across its street, neighbourhood, and the entire city, suggesting it is a premium property within its peer groups. This indicates a desirable location in Grassie and a solid investment profile. The lot size, while not exceptionally large, is typical for the area and offers manageable outdoor space.
This property would suit buyers seeking a move-in ready, modern home in a stable Winnipeg neighbourhood. It’s ideal for professionals, small families, or downsizers who prefer single-level living without sacrificing space or quality. The strong assessment metrics make it particularly attractive to value-conscious buyers who view a home as a long-term financial asset as well as a place to live.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold in June 2022 for an estimated $590k-$625k. Its current assessed value is $577k. This difference is not unusual given market adjustments and is a useful point for discussion with your real estate agent regarding current market value.
2. Is the home truly "above average" for the area?
The data shows a nuanced picture. While its living area is average for Terry Scott Bay and Grassie, it is above average city-wide. More significantly, its assessed value and newer build year are consistently ranked in the top tiers across all comparisons, confirming its premium standing.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify during a viewing to understand the home’s full functional space and quality of updates.
4. Who might this home not suit?
Buyers seeking a very large yard or an estate-sized lot may find the 5,195 sqft parcel standard but not expansive. Additionally, those looking for a brand-new build or a home with a swimming pool would need to look elsewhere.
5. How can I verify the exact past sale price?
The exact sold price is not published publicly. As noted on the detail page, you can request this information directly via email from the source; they provide this data manually without using your email for marketing.