Property Overview: 48 Orum Drive, Grassie, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home in Grassie presents a practical and straightforward offering. Built in 2000, it is notably newer than the average Winnipeg home, suggesting modern construction standards and potentially fewer immediate major repairs. With 1,368 sqft of living space and a renovated basement, it offers functional room for a small family or couple. The attached garage and a land area of over 6,300 sqft are solid, usable features.
The appeal here is one of balance and relative value. The home's assessed value is above average citywide, yet it ranks below average for its immediate neighborhood and the broader Grassie area. This positioning could indicate an opportunity for a buyer seeking a newer home in a stable area at a potentially more accessible entry point than surrounding properties. It would suit first-time buyers or downsizers looking for a manageable, modern property without a premium lot size or luxury finishes. A thoughtful perspective is that while the home itself is newer, its value metrics suggest it may be a more modest offering on its street, appealing to those prioritizing the structure's age over street prestige.
Frequently Asked Questions
1. Is the sold price history accurate?
The listed sold price from 2018 is a range based on public data. For the exact historical sold price, you can request it via email from the site; they provide this detail manually.
2. How does this home compare to others on Orum Drive?
The data shows it has a below-average assessed value but an above-average build year compared to its direct neighbors. This means you’re getting a relatively newer house on the street, but it may be valued lower due to size, finishes, or specific location.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key question for the seller or listing agent to understand the quality, permits, and nature of the renovation.
4. Why is the citywide assessed value ranking so much stronger?
The home’s assessed value ranks above average across Winnipeg because it is a newer construction compared to the city’s much older housing stock. This highlights a key asset: its age is a significant advantage in the broader market.
5. Are there any obvious concerns from the metrics?
The assessed value is consistently in the lower tiers for both the street and Grassie area. This isn’t inherently negative but warrants investigation into whether it reflects the home’s condition, layout, or simply a value opportunity in a well-regarded neighborhood.