Property Overview: 258 Grassie Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Eaglemere offers a practical and grounded opportunity. Its key characteristics include a renovated basement, an attached garage, and a notably generous 7,373 sqft lot that ranks well above average for both the neighbourhood and the city. With 1,134 sqft of living space, the house itself is modest and functionally sized, typical for its 1962 construction era.
The primary appeal lies in its land value and location. The large lot provides ample outdoor space and potential in a city where such sized parcels are becoming less common. While the home’s assessed value is below the Eaglemere average, this suggests an entry point into the neighbourhood, with the renovated basement adding immediate functional living space. It perfectly suits first-time buyers seeking a manageable home with room to grow outdoors, or value-focused buyers who prioritize land size over a large or modern footprint and are comfortable with a home from the 1960s.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,134 sqft, the living area is slightly below the average for similar homes on Grassie Boulevard and more notably below the average for the wider Eaglemere area, indicating a more compact home in a neighbourhood with generally larger houses.
2. Is the assessed value typical for the area?
No, the assessed value is below the average for both the street and the Eaglemere neighbourhood. This can indicate a more affordable entry point into the area, but buyers should investigate the reasons and consider current market conditions.
3. What is the standout feature of this property?
The land size. At over 7,300 sqft, the lot ranks in the top 18% within Eaglemere and the top 14% city-wide, offering significant outdoor space that is a relative rarity.
4. How old is the home, and what might that mean?
Built in 1962, it is older than most homes in Eaglemere. Buyers should be prepared for the maintenance and systems updates typical of a home from this era, balanced against the character and established neighbourhood feel.
5. What do the recent sale prices indicate?
The home sold for $44.5k in August 2023. A previous sale in July 2021 was for $370k. This drastic difference is unusual and strongly suggests the 2023 sale was not a standard market transaction (e.g., a transfer between family members). It should not be used as a benchmark for current market value.