Property Summary: 107-4314 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, 1,045 sqft condo unit in the Eric Coy neighbourhood, built in 1996. Its primary appeal lies in its exceptional value and competitive positioning within its immediate area. The data shows it ranks in the top tier for its street and community in terms of size and relative newness, suggesting it is a larger and more modern unit compared to many nearby options. The 2022 sale price of $265,000, slightly above the current assessed value, indicates a stable market perception.
The unit suits first-time buyers or downsizers seeking a low-maintenance lifestyle without the responsibilities of a standalone house. Its strong rankings on its specific street—surpassing 98% of homes for size and 89% for age—highlight a smart choice for someone prioritizing space and condition within a budget-friendly condo setting. A thoughtful perspective is that this unit offers a "best-in-class" feel for its immediate locale, providing more interior space and modern features than most direct neighbours, which is a significant advantage not always apparent from the address alone.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available data. A buyer must request the condo corporation's financial statements and bylaws to understand the fee structure and included amenities (like snow removal, building insurance, or common area maintenance).
2. Is the unit pet-friendly?
The listing details do not specify. Pet policies are governed by the condominium corporation's rules and must be verified directly, as they can vary significantly between buildings.
3. Why is the community ranking for assessed value (3%) much lower than its rankings for size (14%) and age (94%)?
This likely reflects the broader Eric Coy neighbourhood's overall property values. The unit itself is relatively large and modern for the area, but the average value of all property types in the larger community may be lower, pulling down its percentile ranking. This underscores the unit's strength as a standout property within a more affordable community.
4. How does having no garage or basement affect livability?
The lack of a garage or basement emphasizes a minimalist, low-maintenance lifestyle. Buyers should consider their storage needs and whether the 1,045 sqft of living space, plus any assigned parking or locker, is sufficient. This layout often appeals to those looking to simplify.
5. The data shows it ranks highly on its street but lower across all Winnipeg. What does this mean for me?
It means this property is a top contender within its specific, local market of Grant Avenue. For a buyer focused on this area, it's a highly competitive option. The city-wide rankings are a broader benchmark and suggest it is a solid, mid-range property when compared to all Winnipeg homes, which include luxury estates and newer suburbs. It represents strong local value.