Property Overview: 1418 Concordia Avenue E, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2014, stands out in its immediate area for its modern age. Its key appeal lies in being a relatively newer, low-maintenance property within an established neighbourhood. With 1,364 sqft of living space and a detached garage, it offers practical family-sized accommodation.

The home’s strongest characteristic is its age; it ranks in the top 4% for year built both on its street and in the broader Grassie area, meaning it likely requires fewer immediate updates than most surrounding homes. The living space is above average for Concordia Avenue E, offering more room than many direct neighbours. However, the lot size is smaller than the Grassie average, suggesting a more manageable yard with less upkeep. The assessed value is modest for the area, positioning it as a potentially accessible entry point into the neighbourhood.

This property would suit first-time buyers or downsizers seeking a modern home without the premium of a brand-new build. It’s also a practical choice for owners who prefer spending less time on maintenance and more on living, given the newer systems and structure. The smaller lot may appeal to those wanting a private outdoor space without extensive gardening responsibilities.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The assessed value is below the Grassie area average, while the home itself is significantly newer than most. This disconnect can represent a value opportunity, as you’re acquiring a modern property without paying the typical premium associated with newer homes in the district.

2. What does the “unrenovated basement” mean?
The listing notes a basement that exists but is “not renovated.” This indicates it is likely a blank canvas—finished with basic walls and flooring but not upgraded with custom finishes. It offers functional space and storage, with the potential for future customization.

3. How does the lot size impact the property?
At 4,462 sqft, the lot is smaller than many in Grassie. This is a trade-off: it means less yard maintenance and lower exterior costs, but also less private outdoor space. For the right buyer, this is an efficiency rather than a drawback.

4. Why is the home’s age so significant for this area?
Built in 2014, this home is over a decade newer than the average home on its street (avg. year built ~2002) and in Grassie (avg. ~2000). This suggests major components like the roof, windows, furnace, and insulation are in a much earlier stage of their lifespan, offering predictable costs and modern efficiency.

5. Where can I find the exact historical sale price?
Exact sold prices are not publicly displayed. The listing service provides an estimated range (e.g., $29.5k - $32.5k for October 2016) and offers to provide the precise figure via email upon request, which they handle manually without using your email for marketing.