Property Overview: 2 Grand Oaks Cove
Key Characteristics, Appeal & Ideal Buyer
This is a spacious, well-established family home in Assiniboia Downs, built in 2008. Its defining characteristic is the generous 15,009 sqft lot, placing it in the top 2% of all properties in Winnipeg for land area. This exceptional outdoor space, coupled with a renovated basement and a private pool, creates a premium backyard oasis rarely found. The home itself is a practical one-storey layout with 1,814 sqft of living space and an attached garage.
The appeal lies in the unique combination of a modern, move-in ready home (with recent basement renovations) and a massive, private yard perfect for recreation, gardening, or future expansion. Its assessed value of $740k ranks it highly within the city, suggesting a solid, premium property in the area. While the living area is average for the neighbourhood, the lot size is the standout feature.
This property would best suit a family or household that prioritizes outdoor living and private space over a massive interior footprint. It’s ideal for those who entertain, want a pool, or desire room for children and pets to play. It also appeals to buyers looking for a home with recent updates in a mature, established neighbourhood, who value the potential that such a large lot holds for the long term.
Frequently Asked Questions
Q: How does the lot size compare to typical properties?
A: The lot is exceptionally large. At over 15,000 sqft, it is larger than 98% of all residential properties in Winnipeg, offering a rare degree of privacy and space.
Q: The home sold in 2016. What does that history indicate?
A: The 2016 sale price provides a long-term value reference point. The current assessed value suggests significant appreciation over eight years, reflecting both market trends and the enduring value of large-lot properties.
Q: Is the living space sufficient for the property's scale?
A: The 1,814 sqft living area is average for the neighbourhood. The value proposition here leans heavily toward the exceptional outdoor space and renovated basement. Buyers should consider if the interior layout meets their needs, as the lot offers potential for future expansion if desired.
Q: How does the property rank within its immediate street and area?
A: It's a mix. It has the largest lot on its street but is also the most recently sold home there. In the broader neighbourhood, it ranks in the top half for lot size and assessed value, indicating it's a above-average property in the area.
Q: What is the neighbourhood character like?
A: Located in Assiniboia Downs, it's a mature, established area. The listing of nearby and similar-value properties shows a consistent streetscape of single-family homes on generous lots, suggesting a stable, residential community.