46 Terry Scott Bay

Property Overview: 46 Terry Scott Bay, Winnipeg

Key Characteristics & Appeal

This one-storey home in Grassie presents a practical and modern living opportunity. Built in 2013, it offers a renovated basement, an attached garage, and a private pool on a generous 6,325 sqft lot. With 1,266 sqft of living space, the home is notably compact for its immediate, upscale bay area, where it ranks in the smaller tier compared to neighbours. This creates a unique value position: its assessed value is strong for the wider city and Grassie area, suggesting quality and desirability, yet the home itself is more modestly sized.

Its primary appeal lies in this balance. Buyers acquire a relatively new, low-maintenance property in an established neighbourhood with premium amenities (like the pool), but without the square footage—and potentially the price point—of the largest homes on the street. It perfectly suits downsizers, small families, or professionals seeking a modern, single-level layout with outdoor recreational space and a move-in-ready condition due to recent renovations. The data indicates you’re paying for location, lot size, and modern quality rather than sheer interior volume.

Frequently Asked Questions

1. Is this home a good value for the neighbourhood?
The data suggests a nuanced value proposition. Its assessed value is above average for Grassie and citywide, indicating official recognition of its worth. However, its living area is below average for Terry Scott Bay specifically. This means you are investing in the lot, the modern build, and the location within a desirable area, rather than purchasing one of the largest homes on the bay.

2. What does the sold price history tell us?
The home sold in July 2020 for an estimated range of $425,000-$455,000. This historical price, compared to its current assessed value of $536,000, provides a benchmark for market movement. For the most precise historical sold price, you can request the exact figure via email from the listing service.

3. Who would this property not suit?
Given its smaller living area relative to nearby homes, it may not be ideal for buyers who prioritize extensive indoor space or who plan on needing multiple large bedrooms or living areas. The single-storey design also means all living is on one level.

4. How does the lot size compare?
The lot is approximately 6,325 sqft, which is above average citywide and about average for both Terry Scott Bay and the Grassie area. This is a significant feature, providing ample private outdoor space, which is enhanced by the inclusion of a pool.

5. What is the context of "renovated basement"?
While noted as renovated, the specifics of the renovation (finish quality, permits, date) are not detailed here. This is a key point for verification during a viewing or through disclosure documents, as it affects the home’s functional living space and utility.