Property Overview: 222-4314 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-situated, low-maintenance condominium in the Eric Coy neighbourhood, built in 1996. With 1,260 sqft of living space, it offers a practical footprint that ranks above average for its immediate area. Its primary appeal lies in its exceptional competitive positioning within the broader market. The property ranks in the top tier for its size relative to both the local community and all of Winnipeg, suggesting it offers more space than the vast majority of comparable units. This makes it a standout option for buyers seeking a spacious condo without the upkeep of a house.
The unit would suit first-time buyers, downsizers, or investors looking for a turnkey property in a established area. Its strong rankings indicate it is a competitively sized unit in a sought-after location, which can be appealing for both livability and long-term value. A less obvious perspective is that while the assessment value is modest relative to the city, the space rankings suggest you are acquiring proportionally more square footage here than in many other condo markets, which can be a smart value play. It’s ideal for someone who prioritizes interior space and location over having a private garage or yard.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in the area. For example, ranking in the top 0% for size in its community means it is larger than 100% of comparable listings, indicating it is one of the most spacious units available.
2. Is there a garage or additional parking?
The listing specifies there is no garage. Prospective buyers should inquire with the condo corporation or listing agent about dedicated surface parking or visitor parking arrangements.
3. What are the monthly condo fees, and what do they cover?
This critical information is not provided in the available details. You must request a full disclosure package from the seller, which outlines the fees, the condo corporation’s budget, reserve fund, and rules.
4. The assessment value seems lower than expected given the size rankings. Why?
Municipal assessments for condos consider many factors beyond square footage, including the building’s age, unit placement, and recent sales of similar units. The high space rankings suggest the unit may offer good value relative to its assessed price.
5. What is the neighbourhood like for daily living?
Located on Grant Avenue in Eric Coy, residents likely benefit from convenient access to major routes and local amenities. Given the building's age, the neighbourhood is well-established. It’s advisable to visit at different times to gauge traffic noise and neighbourhood activity.