Property Overview & Key Characteristics
This one-storey home at 35 Golis Bay in Winnipeg's Grassie neighbourhood is a study in contrasts defined by its context. Its key appeal lies in being a modern, low-maintenance property within an established area. Built in 2011, it is one of the newest homes on its street, offering contemporary construction and systems just over a decade old. The home features a renovated basement and an attached garage, with a living space of 1,413 sq ft that is compact yet efficient compared to many local peers.
The property’s value perspective shifts dramatically depending on the lens. Within the immediate Golis Bay area, the home is notably smaller and on a slightly smaller lot than its neighbours, positioning it as a more affordable entry point into the street. Zooming out to the entire city, however, its assessed value places it well above average, suggesting its modern build and location hold broader market appeal. This creates a unique proposition: a home that feels modest on its own block but stands out for its age and condition citywide. It would suit first-time buyers or downsizers seeking a modern, single-level layout without the upkeep of an older home, and who value being on a quiet bay but don’t require the largest footprint on the street.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
It depends on your priorities. If you value a newer, move-in-ready home with modern amenities, it represents a strong value as it requires less immediate investment than older homes. If sheer square footage is your primary metric, larger, older homes on the same street may offer more space for a similar price.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms to fully understand the added living space.
3. How does the sold price history help me?
The history shows steady appreciation through its recent sales. More importantly, comparing its sale prices to the "Avg" benchmarks provided for each transaction reveals that it has consistently sold at a premium relative to wider city averages, underscoring its sustained market desirability.
4. The lot is noted as below average for Grassie. Is that a concern?
At 4,795 sq ft, the lot is smaller than many in the broader Grassie area but is closer to the average for the city. This typically means less yard maintenance. For buyers seeking a large, private backyard, it may be a limitation; for those preferring a manageable outdoor space, it’s a practical fit.
5. Who are the typical neighbours, given the age of homes on the street?
With the home being built in 2011 and many neighbouring properties being older, the neighbourhood likely has a mix of long-term residents and newer occupants. This can offer the stability of an established community while the home itself provides a contemporary living standard.