Property Overview: 51 Terry Scott Bay, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Grassie presents a compelling blend of modern comfort and established value. Built in 2013, it is a notably newer property compared to the Winnipeg average, offering contemporary construction without the premium of a brand-new build. Its key strength lies in its generous and efficiently designed living space. At 1,897 sqft, the home ranks in the top 14-16% for size both on its street and in the wider Grassie area, providing ample room for daily life.

The home’s assessed value places it in the top tiers of its market, indicating a property that has been maintained well and is positioned in a desirable location. It features an attached garage and a renovated basement, adding functional living and storage space. The lot size is average for the area, offering manageable outdoor space without excessive upkeep.

Its appeal is rooted in offering above-average space and modern amenities in a mature neighbourhood. It would suit buyers looking to step up in size without taking on an older home requiring significant updates, or for those seeking a move-in ready property with the reliability of newer systems. A thoughtful perspective is that this home represents a "sweet spot" – it’s established enough to see how the neighbourhood and property have matured over a decade, yet new enough that major components like the roof, windows, and mechanics should have considerable life left.

Section 2: Frequently Asked Questions

1. How does this home truly compare in size to others?
The living area of 1,897 sqft is consistently above average. It is larger than approximately 86% of similar homes in Grassie and 86% of homes citywide, making it a spacious option within its market segment.

2. What does the assessed value ranking tell me?
An assessed value in the top 6% in Grassie and top 8% citywide suggests the municipal assessor views this as a higher-value property compared to peers. This often reflects a combination of its size, condition, newer age, and location, and can be a useful benchmark for understanding its market position.

3. Is the lot size a drawback?
Not necessarily. At 5,431 sqft, the lot is average for Terry Scott Bay and Grassie. This typically means lower maintenance than a very large lot, while still providing adequate private outdoor space, which can be a practical advantage.

4. The home sold in 2020. What can that price history indicate?
The sold price range from mid-2020 provides a historical anchor point. Given the general market appreciation since then and the home’s strong assessed value, it suggests the owners likely realized solid equity growth, pointing to the property’s value retention.

5. Who might this home not suit?
Buyers seeking a very large yard or an ultra-modern, custom-built home from the last year or two may find other options more fitting. Similarly, those looking for a historic character home or a budget-focused fixer-upper would be looking at different segments of the market.