Property Overview

This two-storey home at 47 Colin Maxwell Bay in Winnipeg's Grassie neighbourhood presents a balanced, modern family offering. Built in 2001, it sits on a generous 6,856 sqft lot and features 1,584 sqft of living space, an attached garage, a renovated basement, and a pool. Its appeal lies in its above-average positioning in several key metrics compared to local and city-wide averages, suggesting a well-maintained property in a stable setting. It particularly suits buyers looking for a move-in ready home from the early 2000s with established landscaping, private outdoor space for a pool, and the room to grow, without venturing into older, potentially high-maintenance properties.

Key Characteristics & Ideal Buyer

The home’s strength is its consistent above-average standing. Its assessed value places it in the top 25% on its street and top 19% in Grassie, indicating it is perceived as a higher-value property in the area. The lot size is also notably larger than many peers. While the living area is average for the immediate area, it is above average city-wide, offering good space. The renovated basement adds functional living area. The in-ground pool is a significant lifestyle feature for summer enjoyment but requires consideration for maintenance and safety.

This property would best suit practical, growing families or professionals who value space and privacy over a brand-new build. It’s ideal for those who want a home from a known era (early 2000s) where major systems are likely still in good condition but have been lived in and proven. The pool makes it a standout for entertainers or families seeking a resort-like backyard, but it will resonate with buyers who see that as a worthwhile investment in their lifestyle, not just an added chore.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, a home in this area with a similar assessed value sold in August 2024 for between $615,000 and $645,000. This provides a concrete benchmark for the current market price range.

2. Is the lot size a significant advantage here?
Yes. At nearly 6,900 sqft, the lot is above average for the street, neighbourhood, and city. This offers more private outdoor space, which is a key driver for the pool and provides a sense of openness that can be hard to find in newer subdivisions.

3. What does the "above average" assessed value really mean?
It means the city’s assessment for this home is higher than most comparable homes nearby. This can reflect recent renovations (like the basement), premium features (like the pool and lot size), and overall condition. It generally signals a well-kept property but can also relate to property tax calculations.

4. As a 25-year-old home, what should I be mindful of?
While major structural issues are unlikely, this is the age where original components may need attention or updating. A thorough inspection should focus on the roof, windows, HVAC system, and the pool equipment itself to anticipate any near-term capital expenses.

5. You provide sold price ranges. How can I get the exact figure?
The exact sold price is available upon request via email. This manual process is in place to ensure accuracy and to connect with interested buyers directly. Your email will not be used for unsolicited marketing.