Property Overview: 113 Perfanick Drive, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home at 113 Perfanick Drive presents a practical and modern living option in Winnipeg's Grassie neighbourhood. Built in 2010, its key appeal lies in its contemporary foundation and recent basement renovation, offering move-in readiness without the concerns of an aging structure. The attached garage adds everyday convenience.

The home’s living space (1,248 sq ft) is modest for its immediate street and area, which may appeal to buyers seeking easier maintenance and lower utility costs rather than expansive square footage. The lot size (4,394 sq ft) is notably compact on the street, but is actually close to the city-wide average, suggesting a efficient use of space with less yard upkeep.

Its assessed value positions it as an above-average property city-wide, yet it appears competitively priced within Grassie itself. This creates a value proposition: you're acquiring a newer, updated home in good standing relative to the broader market, within a neighbourhood where it isn't priced at a premium. It would suit first-time buyers, downsizers, or investors looking for a modern, low-maintenance property with a renovated basement for extra income or family space. The data suggests it’s a solid, sensible choice rather than a standout luxury property, ideal for pragmatic buyers.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
The data indicates it is. While the home's size is below average for Grassie, its assessed value is right at the neighbourhood average. This suggests you may be getting the benefits of a newer, renovated home without paying a size premium.

2. How does the lot size impact the property?
The lot is smaller than most on Perfanick Drive, which means less yard maintenance. For the city overall, however, the lot is fairly typical. This is a key point to consider if you prioritize a large backyard versus a low-maintenance exterior.

3. What does the sold price history tell us?
It last sold between $36.5k-$39.5k in mid-2019. While not a direct indicator of current market value, this history shows it has been an accessible price point. The subsequent basement renovation likely adds significant value beyond that last sale price.

4. Who would this home not suit?
Given its below-average living area for the street and area, it may not suit buyers who need multiple large bedrooms or extensive living space. Those prioritizing a very large private yard might also find the lot size limiting.

5. How does the age of the home (2010) benefit a buyer?
A 2010 build means major components like the roof, windows, and furnace are likely still within or approaching their typical lifespan, potentially deferring major replacement costs for several years. It also means the construction meets modern building codes.