118-4314 Grant Avenue

Property Overview

This well-situated Eric Coy townhome offers a practical and low-maintenance living option in a mature neighbourhood. Built in 1996, its key appeal lies in its efficient use of space and its strong competitive standing within its immediate area. With 1,319 sqft of living space, it ranks within the top 10% of homes on its street for size and is notably newer than most surrounding properties. The home's standout feature is its exceptional positional ranking: it surpasses nearly all comparable homes within its own community and across all of Winnipeg for lot size, suggesting a potentially more private or spacious setting than typical for a townhouse. It suits first-time buyers seeking an affordable entry into a stable area, downsizers looking to reduce upkeep without sacrificing interior space, or pragmatic investors attracted by a property that outperforms its peers on key locational metrics.

Key Details & FAQs

Key Characteristics & Appeal:
This is a no-basement, no-garage townhome, emphasizing a truly low-maintenance lifestyle. Its greatest strengths are its relative modernity compared to neighbouring houses and its surprisingly dominant rankings for lot size within the community and city—a rare find for a townhouse that implies valuable outdoor space or positioning. The appeal is grounded in value and convenience, offering more interior square footage than many local alternatives without the burdens of a large yard or an older structure. It perfectly suits buyers who prioritize location and efficient living over standalone features like private garages or extensive storage cellars.

Frequently Asked Questions:

1. What does "ranking #1 for lot size" actually mean for a townhouse?
It indicates that this unit's parcel of land is larger than those of all other townhouses and most single-family homes in its broad comparison groups. This could translate to a more generous backyard, greater distance from neighbours, or extra driveway space compared to similar properties.

2. The assessment value seems low for its rankings. Why?
The municipal assessment is often lower than market value and is used for tax purposes. Its lower ranking by assessment value (top 73%) compared to its top rankings for size and lot suggests it may be viewed as a relative value in the area, potentially offering more space for the tax bill.

3. Is the lack of a basement or garage a significant drawback?
This depends on your needs. It eliminates maintenance and flooding concerns associated with basements and simplifies exterior upkeep. However, it requires thoughtful organization for storage and means vehicles are parked in a shared or open driveway.

4. Who would benefit most from this property's specific advantages?
Downsizers from larger homes will appreciate the single-level living (with no basement stairs) and reduced yard work. First-time buyers gain more interior space than typical starter homes. The strong lot-size ranking is a unique perk for anyone valuing outdoor privacy in a townhome setting.

5. The build year is 1996. Are there any concerns with that?
Homes from this era generally feature modern wiring and materials. It's new enough to avoid many older-home issues but old enough that major components (like roof, windows, HVAC) should be verified for their age and condition, as they may be nearing or past their typical lifespan.