Property Overview: 940 Weatherdon Avenue, Grant Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grant Park offers a practical and updated living space. Its key characteristic is a renovated basement, adding valuable finished square footage to the 1,387 sqft main living area. The home is newer than most in its immediate area, built in 1987, which can suggest more modern construction standards and potentially fewer major upkeep concerns compared to much older neighbourhood stock.

The appeal lies in its strong positional metrics. The property consistently ranks above average for its living space, assessed value, and year built when compared to homes on its own street and within the broader Grant Park area. This indicates a home that offers good relative value and condition within a desirable location. The detached garage provides flexible storage or workshop space.

This property would suit a buyer looking for a move-in ready, single-level living option in a established neighbourhood, without the maintenance of a larger lot. It’s ideal for small families, professionals, or downsizers who prioritize a renovated interior and a location that performs well on key comparative metrics over having a large yard. The data suggests it's a competitively sized and valued home in its micro-market.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
While the home itself ranks well, the land area is more modest. At 3,499 sqft, it is around average for Weatherdon Avenue but below the average lot size for both Grant Park and Winnipeg overall. This means lower exterior maintenance but less private outdoor space.

2. What does the assessed value ranking tell me?
With an assessed value ranking in the top 11% for Grant Park, the municipal assessment is significantly higher than many neighbourhood peers. This generally reflects the property’s perceived market value but is also a factor in calculating annual property taxes.

3. The home sold in late 2020. What context is there for that price?
The listed sale price range from November 2020 falls near the current assessed value. Given the market changes since then, a direct comparison isn't straightforward, but it provides a historical anchor point. The exact sale price is available upon request from the listing source.

4. Is the home’s age (1987) an advantage?
In this context, yes. It ranks in the top 7% for year built in Grant Park, meaning it is notably newer than most surrounding homes. This can be appealing for buyers wary of the potential for outdated mechanical systems or materials common in mid-century construction.

5. Who might the neighbouring properties be?
The immediate neighbours are primarily other single-family homes on Weatherdon Avenue, with very close proximity. The "similar assessed value" list shows comparable homes in other established neighbourhoods like Elmhurst and Varsity View, indicating the type of property and market segment this home competes within.