Property Overview: 1534 Concordia Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained, one-storey home in Grassie offers a practical and modern living space. Built in 2008, it strikes a balance between being contemporary enough to avoid major immediate renovations while having established character. With 1,359 sqft of living space and a renovated basement, it provides functional room for a small family, a couple, or a downsizer. The attached garage is a valuable asset for Winnipeg winters.

Its primary appeal lies in its solid, move-in-ready foundation within a mature neighbourhood. The home presents a compelling value proposition: its assessed value ranks above average for its specific street and city-wide, suggesting it's a well-regarded property in its class. However, the lot size is notably smaller than most in the Grassie area, which translates to lower exterior maintenance but less private outdoor space.

This property would best suit pragmatic buyers seeking a comfortable, low-drama home. It’s ideal for first-time homeowners who want a modern build without a premium price tag, or for those looking to right-size without sacrificing modern comforts. The smaller lot may appeal to buyers who prefer spending less time on yard work, but it may not suit those dreaming of extensive gardens or large outdoor entertaining areas.

Section 2: Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the home itself is spacious, the lot is below the neighbourhood average. This means lower maintenance costs and less time spent on yard work, but it also limits potential for expansions like large decks, pools, or extensive landscaping.

2. What does the above-average assessed value on the street indicate?
It suggests that, compared to its immediate neighbours on Concordia Avenue E, this property is officially valued more highly. This often reflects the home's condition, modern build year (2008), and renovations. It can be a positive sign for underlying value, though market sale price can differ.

3. Is the renovated basement a legal suite?
The listing states the basement is "renovated" but does not specify it as a legal rental suite. Buyers should verify with the city and the seller if they are interested in rental income potential, as permits and egress requirements are crucial.

4. How does the 2008 build year benefit a buyer?
Homes from this era typically incorporate modern building codes, energy efficiency standards, and wiring for current technology. It likely means major components like the roof, furnace, and windows are still within a reasonable lifespan, reducing near-term replacement costs.

5. What is the neighbourhood vibe in this part of Grassie?
The property is on a main artery (Concordia Avenue E). This offers excellent connectivity for commuters, but buyers should be aware of higher traffic noise compared to a quiet cul-de-sac. The proximity to nearby listed properties suggests a densely built, established community feel.