Property Overview: 74 Grassington Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 74 Grassington Bay in Meadowood is a well-positioned property that stands out for its relative size and value within its immediate area. Built in 1977, it offers 1,240 sqft of living space on a 5,499 sqft lot. The core appeal lies in its strong local standing: its living area is in the top 13% on its own street and top 22% in the broader Meadowood neighbourhood, meaning it offers more interior space than many nearby homes. Its assessed value also ranks highly locally (top 10% on the street), suggesting it is perceived as a substantial property for the area.
This home would suit a practical buyer looking for a solid, established property in a mature neighbourhood. It’s ideal for someone who values space and a sense of value relative to the immediate community, rather than just city-wide averages. A thoughtful perspective is that while its metrics are "around average" city-wide, its local dominance could offer a feeling of stability and established investment within Meadowood itself. The consistent rankings indicate a property that has likely been maintained to a standard that keeps it competitive among its direct peers.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
While its living area is near the city-wide average, it is notably larger than most homes on its street and in the Meadowood area, placing it in the top quarter for space locally.
2. What does the assessed value ranking indicate?
Ranking in the top 10% on its street for assessed value suggests the property is considered one of the more valuable homes in its direct vicinity, which can be a positive indicator for local market appeal and equity.
3. Is the 1977 build date a concern?
The year built is typical for Meadowood. The home’s strong rankings in size and value suggest it has been a viable and competitive property for decades, but a thorough inspection is always recommended for any home of this age.
4. How reliable is the sold price range shown?
The sold price range (CA$400k–450k in 2021) is based on public data. For the exact historical sold price, you must request it directly via the provided email service, as this information is manually verified.
5. What is the practical benefit of the lot size?
At 5,499 sqft, the lot is very typical for Meadowood. It offers standard suburban outdoor space but is not an unusually large parcel, so its value is in its consistency with the neighbourhood character rather than as an outlier.