Property Overview: 202-3420 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a 966 sqft condominium located in the Elmhurst neighborhood, built in 1993. Its primary appeal lies in its exceptional value and competitive positioning within its immediate area. While the unit itself is a standard size for a two-bedroom condo, its standout feature is its strong performance in local rankings. It places in the top 2% of homes on its street, the top 0% within Elmhurst, and the top 0% city-wide for its overall desirability score (a composite ranking based on multiple factors). This suggests a property that punches above its weight in terms of location and community appeal relative to its price point.
The 2023 sale price of $200,000, slightly above its current assessed value, indicates a stable and active market for the unit. It would suit first-time buyers or investors seeking an affordable entry into the Winnipeg market with a property that has proven resale appeal. It’s also a practical choice for downsizers looking for a low-maintenance lifestyle in a well-established neighborhood. A thoughtful perspective is that this condo’s high neighborhood and city rankings likely reflect a sought-after balance of quiet, residential living with the convenience of nearby Grant Avenue amenities, offering a sense of value that isn’t immediately apparent from the square footage alone.
Frequently Asked Questions
1. What do the "top 0%" rankings actually mean?
They indicate this property’s overall desirability score ranks higher than 100% of comparable listings in its community and city. This is a composite ranking, meaning it excels in the combined metrics used by the site, likely factoring in location, value, and market activity.
2. Is the condo fee information available?
The provided details do not include monthly condo fees. This is a critical piece of information for budgeting and must be obtained directly from the condo corporation or listing agent.
3. Why is the city-wide ranking for living area lower than the others?
At 966 sqft, the unit is smaller than about 74% of all Winnipeg homes, which is common for condos compared to single-family houses. Its high composite ranking shows that its other advantages outweigh its compact size in overall appeal.
4. How recent is the assessment and ranking data?
The assessed value is current as of the most municipal assessment cycle. The rankings are dynamic and based on current market data on the platform, reflecting its standing against other active and recently sold properties.
5. What does "no basement" imply for storage?
This unit likely has no additional underground storage space. Buyers should inquire about in-suite storage options and whether the building offers any shared storage lockers for residents.