Property Overview & Key Characteristics
This bi-level home at 2 Grey Oaks Cove is a modern property built in 2009, offering a practical and spacious layout on a significantly large lot. Its key appeal lies in the combination of a newer build, a renovated basement, and an exceptionally generous land area of over 15,000 sqft—a rarity that places it in the top 2% of Winnipeg for lot size. The living space of 1,634 sqft is comfortably above average for the immediate street and neighbourhood.
The home would suit buyers looking for a move-in-ready property from the 2000s era who prioritize outdoor space and potential over a sprawling interior. It’s an ideal fit for a growing family seeking a sizable yard in a quiet cul-de-sac setting, or for someone who values the low maintenance of a newer home but doesn’t want to compromise on land. A thoughtful perspective is that the large lot, while a premium feature, also represents future potential—whether for gardening, recreation, or expansion—in a city where such sizable parcels are increasingly uncommon in newer subdivisions.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 15,074 sqft lot is a standout feature, ranking in the top 2% of all properties in Winnipeg for size. It is substantially larger than most lots found in newer neighbourhoods.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish, rooms, or permits should be verified with the listing agent or during a viewing.
3. Is the assessed value an accurate reflection of the likely selling price?
Not necessarily. The assessed value of $67.7k is for municipal tax purposes. The home last sold for $61.3k in 2020, and current market value will be influenced by present market conditions, the home’s updated state, and its unique lot size.
4. How does the living space compare to nearby homes?
At 1,634 sqft, the living area is larger than 92% of homes on the same street and is above the neighbourhood average, offering more interior space than many direct local comparisons.
5. The home is newer (2009), but how does it rank for age in the area?
Built in 2009, it is newer than about two-thirds of the homes on its street and in the broader neighbourhood, offering modern construction in an area with many homes from the 1960s and 1970s.