Property Overview: 15 Grantsmuir Drive, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Grassie presents a practical and straightforward living option. Its key characteristic is its modern age, built in 2008, which suggests newer construction standards and potentially lower immediate maintenance needs compared to much of Winnipeg's older housing stock. The home features a renovated basement and an attached garage.

The appeal lies in its balance and value perspective. While the living space (1,324 sq ft) is modest, especially for its immediate street, it is very close to the city-wide average, offering a manageable footprint. The assessed value tells an interesting story: it sits above average city-wide but is more moderately priced within the Grassie neighborhood itself. This positions it as a potential value entry point into the area. The lot size is smaller than typical for Grassie but aligns with city norms.

This property would best suit first-time buyers, downsizers, or practical-minded individuals seeking a modern, low-maintenance home without a premium price tag for its neighborhood. It’s for those who prioritize the condition and age of a home over sheer size, and who see the smaller lot as less upkeep rather than less opportunity.

Section 2: Frequently Asked Questions

1. Is this home a good value for the Grassie area?
The data suggests it could be. Its assessed value is around the neighborhood average, but you’re getting a home that is newer than most in Grassie and has a renovated basement, which may offer more value per dollar than an older, larger home requiring updates.

2. How does the smaller lot size impact the property?
While the yard is below average for Grassie, it is near the city-wide average. This means less outdoor maintenance, which can be a benefit for some, but may be a consideration if you desire extensive gardening or outdoor space typical of the area.

3. What does the "above average city-wide" assessed value mean?
This indicates that, compared to all Winnipeg homes, this property is valued in the top 21%. However, within its own neighborhood and street, it's priced more modestly. This can sometimes signal a well-kept home in a desirable area that is priced accessibly relative to its immediate peers.

4. The home sold in 2016 for a much lower price. What does that indicate?
The sold price from nearly a decade ago primarily reflects the market of that time and is not a reliable indicator of current value. The more relevant figure is the current assessed value, which is used for taxation and is regularly updated to reflect market conditions.

5. Who would this home not be ideal for?
It may not suit buyers who prioritize large interior living spaces or expansive yards, as it ranks at the lower end for size on its own street. Families needing multiple large bedrooms or dedicated recreational space might find the square footage limiting.