Property Overview
This condominium at 435 Grassie Boulevard stands out for its generous scale and modern build. Its primary appeal lies in offering substantial space—over 2,100 square feet—which is exceptionally large for a condo, placing it in the top tier of properties citywide. Built in 2014, it provides contemporary construction without the concerns of an older home. The appeal is balanced; while it ranks highly for size and age on its street and across Winnipeg, it is one of the more modestly assessed properties within the immediate Grassie area itself. This suggests a value proposition: significant living space with a relatively efficient tax assessment for a home of its caliber.
It would best suit buyers who prioritize spacious, modern, low-maintenance living, such as empty-nesters downsizing from a large house who don’t want to compromise on room, or professionals seeking a turnkey property with more square footage than a typical apartment-style condo. It’s less suited for those seeking a basement for storage or rental income.
Frequently Asked Questions
How does the property’s value compare to its neighbors?
The assessed value is above average for the street and city, but it is the lowest among the ten comparable properties specifically in the Grassie area. This could indicate a relative value opportunity within a desirable locale.
What does the sold price history show?
The property last sold between $30.5k and $33.5k in October 2017. It’s important to note this is a range based on public data; the exact sale price can be requested directly from the listing source.
Is there a basement?
The listing specifies "Basement: No," meaning this is likely a slab-on-grade or above-ground-only construction, which is a key consideration for storage or utility space.
How modern is the building?
Built in 2014, the structure is relatively new, ranking in the top 20-30% citywide for year built. This typically suggests newer building systems, windows, and exterior materials, potentially reducing near-term repair costs.
Why are there different rankings for street, area, and city?
The rankings provide context. The home is elite for size citywide but average for its immediate area, highlighting that Grassie is a neighborhood of larger, often higher-value homes. This helps buyers understand the property’s position in different market segments.