Property Overview: 52 Silver Fields Lane, Grassie, Winnipeg
Key Characteristics & Appeal
This 1991-built, one-storey home in Grassie offers a practical, single-level layout with 1,293 sqft of living space and a renovated basement. Its attached garage and average-sized lot (just over 5,000 sqft) provide standard suburban convenience. The home’s standout feature is its strong value proposition: its assessed value ranks above average for both its immediate street and the wider city, suggesting it is a well-regarded property within its market segment. The recent basement renovation adds modern livability without the immediate need for major updates.
Its appeal lies in its balance of being a solid, move-in ready home that also represents a prudent investment. It suits first-time buyers or downsizers looking for the ease of a bungalow in a stable neighbourhood, as well as value-conscious buyers who appreciate a home that holds its worth well relative to its peers. A less obvious perspective is that while the lot is smaller than others on the street, this can mean less maintenance—an advantage for those seeking a simpler lifestyle. The home’s above-average assessment for its age indicates it has been maintained or improved in ways the market recognizes.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,293 sqft, the living area is very close to the average for similar homes on its street, in Grassie, and across Winnipeg. It’s a comfortably average size for the market.
2. What does the “above average” assessed value ranking mean?
The home’s municipal assessed value places it in the top 23% on its own street and top 27% citywide among comparable properties. This generally indicates the official valuation is stronger than many peers, which can be a positive signal for underlying value and equity.
3. Is the smaller lot size a concern?
The lot is below average in size for Silver Fields Lane but is around the citywide average. It provides a manageable yard space, which can be a benefit for those wanting less outdoor upkeep.
4. What is included in the “renovated basement”?
The listing confirms the basement is renovated but does not specify the scope. A viewing is recommended to see the finishes, layout, and confirm if it includes a legal suite or additional living spaces.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. As noted on the detail page, you can submit a request via email to receive the precise sale history directly from the site administrators.