Property Overview: 1554 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 established and avoiding the major maintenance concerns of much older properties. With 1,359 sqft of living area and a renovated basement, it provides comfortable space for a household. A key standout is its assessed value of $460k, which ranks in the top 12% on its street and above average citywide, suggesting a perception of solid value and quality relative to its immediate peers.

The home’s appeal lies in its move-in-ready condition and efficient layout, anchored by an attached garage. While the lot size is more compact compared to many in the broader area, this translates to less yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. It would suit first-time buyers looking for a modern, low-hassle home, or downsizers transitioning from a larger property who still want ample indoor living space without the burden of a large yard. The above-average assessment for the street indicates it’s likely one of the more updated or desirable homes in its specific block, offering a sense of relative standing in the neighborhood.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is below the average for both the Grassie area and Winnipeg overall, it means less exterior upkeep. The trade-off is a smaller private outdoor space, so it’s worth considering if a large yard is a priority.

2. What does the above-average assessed value indicate?
An assessment that ranks highly on its street often reflects recent renovations, superior finishes, or a premium location within the micro-area. It can signal good curb appeal and condition compared to immediate neighbors, which is a positive for resale.

3. Is the living space sufficient for a family?
At 1,359 sqft plus a renovated basement, the home offers typical space for a small to medium-sized family. The one-storey layout provides accessibility and easy flow, though multi-level separation is absent.

4. How does the 2008 build year affect the home?
Homes from this era typically incorporate modern building codes and energy efficiency standards, while still having established landscaping and settled foundations. Major components like the roof or HVAC may be nearing mid-life, so a thorough inspection is advised.

5. Why is the last sold price from 2017 shown as a range?
Public records sometimes provide estimated sale ranges. For the exact historical sale price, you can request it directly via the provided email service for precise financial planning and comparison.