Property Overview
This home at 121-4314 Grant Avenue is a well-established property in Winnipeg's Eric Coy neighbourhood. Built in 1996, it offers 1,416 sqft of living space. Its primary appeal lies in its strong relative standing within its immediate area. The property ranks in the top tier for size and age compared to most homes on its street and in the wider community, suggesting it is a larger and newer offering in its local context. However, its assessed value ranks significantly lower within the community and city, which may present an opportunity for value-conscious buyers. The home has no basement or garage.
This property would suit a practical buyer looking for a spacious, relatively modern home in a settled neighbourhood without the need for a garage or basement storage. It’s also a candidate for someone who prioritizes the living space and condition of the home itself over land size or auxiliary structures. The strong rankings on its street indicate it likely represents one of the more substantial homes in that specific locale.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in three geographic circles. For example, ranking in the "top 6%" for size on its street means it is larger than 94% of the other homes on Grant Avenue, making it a notably spacious home for that specific block.
2. Why is the community value ranking much lower than the others?
While the home ranks highly for size and age in Eric Coy, its assessed value is in the bottom half for the community. This can sometimes reflect the specific market dynamics of the wider area or the valuation approach for homes of this type, and may be a point for further buyer investigation.
3. Are there any concerns with a house that has no basement?
This limits storage and mechanical/utility space. Heating systems, water heaters, and electrical panels will be on the main floor, and seasonal items or belongings will need to be stored in closets, a shed, or within the living area. It's a layout that requires thoughtful space management.
4. How important is the lack of a garage in Winnipeg?
This is a significant consideration given the climate. Buyers will need to account for winter vehicle warming, scraping ice, and the lack of sheltered storage for tools or outdoor equipment. Factor in the cost and space for installing a carport or shed if needed.
5. The home is 30 years old – what should I focus on?
Homes from this era may be due for updates to major components like the roof, windows, and original appliances. A thorough inspection should check for the condition of these age-related items, as well as any updates the current owners have made over the past three decades.