Property Summary: 68 Outhwaite Street, Grassie, Winnipeg

Key Characteristics & Appeal

This 1995-built, one-storey home at 68 Outhwaite Street presents a practical and straightforward opportunity in Winnipeg's Grassie neighbourhood. With 1,248 sqft of living space, an attached garage, and a renovated basement, it offers a functional layout for everyday living. The home’s core appeal lies in its solid positioning as an "average performer" within its immediate context. Its assessed value and living area are consistently around the median for Outhwaite Street and the wider Grassie area, suggesting a property that aligns with local norms without standing out for extremes in size, value, or lot size. This creates a stable, predictable baseline for valuation.

A more nuanced perspective reveals that its city-wide rankings tell a slightly different story. Compared to all Winnipeg, the home’s 1995 build year is notably newer than the city average (top 20%), and its assessed value ranks above average (top 29%). This indicates you may be acquiring a relatively modern structure with a strong assessed value foundation when viewed on a broader scale, while purchasing into a local street where it doesn't over-shadow or under-shoot its direct peers.

This property would best suit a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who prioritizes a move-in ready, low-drama home in an established neighbourhood. It’s for someone who finds comfort in a house that is unexceptional in its immediate surroundings, yet may hold underlying advantages in age and assessment when considered as part of the wider city market.

Frequently Asked Questions

1. Is the sold price history provided exact?
No, the listed sold price range is an estimate based on public data. You can request the exact historical sold price by emailing the site; they provide this as a manual, no-gimmick service.

2. How does this home truly compare to others in the area?
The data shows it is consistently around average for Outhwaite Street and the Grassie neighbourhood in terms of size, value, and lot. It’s not the largest or smallest, newest or oldest on the block, which can mean less competition and more predictable pricing.

3. The lot seems smaller than the Grassie average. Is that a concern?
The land area is below average for the broader Grassie area but is typical for Outhwaite Street itself. This likely contributes to the neighbourhood's more compact, established feel and may mean less exterior maintenance.

4. What does the "above average" city-wide ranking for assessed value mean?
While the home is average for its street, its assessed value is higher than about 71% of all Winnipeg properties. This suggests a strong valuation foundation from the city’s perspective, which can be a positive factor, though market price is determined by buyers.

5. The home was last sold in 2021. What might that indicate?
The relatively recent sale suggests the current market price may be more influenced by post-2021 market conditions than a long-held property where historical prices are less relevant. It also indicates the house has changed hands somewhat recently in the area’s transaction cycle.