Property Overview: 123 Orum Drive, Grassie, Winnipeg

Key Characteristics & Appeal

This two-storey home at 123 Orum Drive presents a practical and well-positioned offering in Winnipeg's Grassie neighborhood. Built in 2000, it is a relatively modern home that requires less immediate concern for major age-related repairs compared to much of the city's housing stock. Its key strength is its above-average living space (1,578 sq ft) for both its immediate street and the city overall, providing more room than many comparable properties. The home features a renovated basement and an attached garage.

The appeal lies in its solid, data-backed standing within the market. It consistently ranks above average citywide for living area, assessed value, and year built, suggesting a good balance of size, modern construction, and valuation. On its own street, it stands out as being in the top tier for size and value. A thoughtful perspective is that the lot size, while average for the broader area, is slightly smaller than others on Orum Drive. This could mean less yard maintenance but may be a consideration for buyers seeking expansive outdoor space. The property is ideally suited for buyers looking for a move-in ready, spacious family home from the modern era, who value a straightforward, above-average offering in a stable neighborhood without venturing into premium or luxury price tiers.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it is a strong performer, particularly on its own street. It ranks in the top 21% for both living area and assessed value among the 71 comparable homes on Orum Drive, meaning it offers more space and is valued higher than most of its direct neighbors.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent to understand the finish quality, room layouts, and whether it includes legal egress or a separate entrance.

3. The lot is noted as smaller than others on the street. How significant is this?
At 5,346 sq ft, the lot is below the street average but still near the average for the wider Grassie area. The impact depends on personal use; it may limit extensive landscaping or large additions but also reduces maintenance time and cost.

4. Can I find out the exact historical sale price?
Yes, but not directly on the public page. The exact sold price from March 2019 (listed here as a range) is available by request via email from the site provider, who manually provides the precise figure.

5. What is the significance of the assessed value being "above average" citywide?
An assessed value ($48.30k) that ranks in the top 23% citywide generally indicates the municipal assessment views the property favorably relative to the broader Winnipeg market. It's a useful benchmark for understanding its official tax valuation context, though market sale price can differ.