76 Shauna Way

Property Overview: 76 Shauna Way, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grassie presents a practical and comfortable living opportunity. Its key characteristics include a renovated basement, an attached garage, and a manageable 1,078 sqft of living space on a 4,175 sqft lot. Built in 1997, the home is newer than the Winnipeg city average, offering modern fundamentals without the premium of a brand-new build.

The appeal lies in its balance and positioning. The home sits comfortably in the middle range for its immediate street and the wider city in terms of size, value, and age, suggesting a solid, no-surprises proposition in a stable neighborhood. The renovated basement is a significant functional upgrade, adding flexible living space. This property would suit first-time buyers seeking a move-in-ready home without extreme upkeep, downsizers looking for single-level living with a finished lower level, or pragmatic investors attracted to a property with assessed value that aligns closely with recent sold prices in the area.

A less obvious perspective is the lot size. While below average for the Grassie area, it translates to less yard maintenance—a potential perk for buyers seeking a low-maintenance lifestyle. Additionally, its "around average" standings across multiple metrics indicate a home that is unlikely to be over-improved for the area, which can be a smart financial position.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the neighborhood?
The data shows this home is very typical for Shauna Way itself, ranking near the middle for living area, value, and year built. Within the broader Grassie area, its lot size and living area are below average, but it is a newer-than-average build for the community.

2. What is the significance of the assessed value versus the recent sold price?
The assessed value is $41.80k. The home sold in August 2024 for an estimated $40.50k–$43.50k. The close alignment suggests the sale was near market value at that time, providing a reliable benchmark.

3. Is the renovated basement a full legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovations with the city to understand its legal use and potential for rental income.

4. What are the property taxes likely to be?
Property taxes are calculated using the assessed value and the city's mill rate. With an assessed value of $41.80k, prospective buyers can use the current mill rate to estimate annual taxes, which would be relatively modest compared to higher-valued homes.

5. Why is the lot size ranked "below average" for the area?
Grassie generally features larger lots. This property's lot is approximately 4,175 sqft, which is smaller than the area average of about 6,960 sqft. This can mean a more compact yard, which may appeal to those wanting less outdoor maintenance.