Property Overview: 40 Notley Drive, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Grassie presents a balanced, move-in-ready opportunity. Built in 2007, it offers modern construction without the premium of a brand-new build. The 1,742 sqft living space is comfortably above the city average, providing ample room for a growing family or those who appreciate spacious layouts. A key feature is the renovated basement, adding valuable finished living area. The home includes an attached garage for convenience.

Its primary appeal lies in its strong standing within the broader market. The assessed value places it in the top 10-25% for both the neighbourhood and the entire city, suggesting a solid investment in a desirable area. While the lot size is slightly more compact compared to some in Grassie, it is very typical for its immediate street and aligns with the Winnipeg average. This positions the property as an efficient, low-maintenance option without sacrificing interior space.

This home would best suit pragmatic buyers seeking a established, turn-key property in a mature neighbourhood. It’s ideal for professionals or families who value modern interiors (including that renovated basement) and a strong value proposition over having the largest yard on the block. It represents a smart compromise: newer than most city homes, with above-average interior space and valuation, on a manageable lot.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It holds its own. While the living area is near the street average, its assessed value ranks in the top quarter on Notley Drive, indicating it may have superior finishes, condition, or layout compared to its direct neighbours.

2. Is the lot size a disadvantage?
It depends on your priorities. The yard is smaller than the Grassie neighbourhood average, but is typical for the street and the city overall. This often translates to less maintenance, which can be a benefit for busy households, while still providing private outdoor space.

3. What does the "above average" assessed value really mean?
It signals that the city’s tax assessment—often a proxy for market value—considers this property more valuable than 90% of homes in Winnipeg and 90% in Grassie. This typically reflects a combination of the home’s condition, updates, and the desirability of its location.

4. Who might this home not suit?
Buyers seeking a vast, sprawling yard for extensive gardening or recreation may find the lot size limiting. Similarly, those looking for a historic character home or a brand-new construction would need to look elsewhere.

5. What is the significance of the renovated basement?
Beyond adding immediate usable space, a professional renovation suggests important foundational work (like insulation, moisture control, and electrical) has been addressed. This can offer peace of mind and reduce the need for near-term upgrades, adding to the home’s move-in readiness.