4212 Grant Avenue

Property Overview: 4212 Grant Avenue, Winnipeg

Key Characteristics & Appeal

This 1987-built, one-storey home sits on a large, approximately 8,000 sqft lot in the Eric Coy neighbourhood. Its primary appeal lies in its generous proportions and established, move-in-ready condition. With nearly 2,000 sqft of living space, it offers significantly more room than most homes in Winnipeg, ranking in the top 10% for size. The property features a finished basement and an attached garage.

The home’s value is underscored by strong market performance, with a recent sale price above its assessed value, placing it in the top tier of area transactions. Its appeal is balanced: it’s not the newest build on the street, but it offers well-above-average space on a sizable lot. This property would best suit buyers looking for a spacious, single-level floorplan without needing a new construction project. It’s ideal for those prioritizing interior square footage and lot size over a recently built home, offering room to grow or simply enjoy within a mature community.

Frequently Asked Questions

1. How does the age of the home (built in 1987) affect its condition and potential costs?
While 39 years old, the home’s systems and roof are within a typical range for eventual replacement. A thorough inspection is key to budget for updates, but its above-average sale price suggests it has been maintained as a viable, modern living space.

2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, quality, or if it includes legal egress. This is a key point to clarify, as it impacts the functional living area and safety.

3. The lot is large, but how is it shaped and oriented?
At over 8,000 sqft, the lot offers excellent potential for gardening, play, or expansion. Asking about its specific layout (e.g., backyard privacy, sun exposure, topography) will determine how usable that space feels day-to-day.

4. The home ranks highly for size but lower for "newness" in the area. What does this mean?
This indicates you are getting more house for your money compared to newer, potentially smaller builds in the same community. It appeals to buyers who value space and established neighbourhoods over a brand-new construction.

5. Why did it sell for more than its assessed value in 2023?
This typically reflects strong buyer demand for move-in-ready homes with these characteristics—namely, ample space on a large lot—in the current market. It suggests the property’s market value is robust and perceived favorably compared to the municipal assessment.