2 Grimston Road

Property Overview: 2 Grimston Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This 1975 four-level split home in Fort Richmond stands out for its above-average size and value within its immediate area. With 1,789 sqft of living space, it is notably larger than most comparable homes on its street and in the wider neighbourhood. The property sits on a generous 6,816 sqft lot, providing ample outdoor space. A key feature is the renovated basement, adding modernized living area, and the home includes an attached garage.

Its primary appeal lies in its strong positional metrics. For a home built in 1975, it ranks exceptionally well in maintenance and modernization relative to its peers, suggesting it has been well-kept or updated. It suits buyers looking for a established home with more interior space than is typical for the area, without sacrificing yard size. It would particularly fit growing families or those who value distinct living zones offered by the split-level layout, and practical buyers who appreciate a home that outperforms its local market averages in key categories like living area and assessed value.

Section 2: Frequently Asked Questions

1. What does the "Top 10%" ranking for living area mean?
It means this home's interior square footage is larger than 90% of similar homes on Grimston Road. Simply put, you get more house for the location compared to most neighbours.

2. The assessed value is listed at $46.30k; is that the market price?
No. In Manitoba, the assessed value is for municipal tax purposes and is typically much lower than the actual market value. The recent sold price history provides a more accurate gauge of its market worth.

3. How does the 1975 build year affect the home?
While not new, the data shows this specific home ranks in the top 5% on its street for year built, meaning it is one of the newer homes in its direct comparison group. This can indicate potentially fewer age-related issues than older neighbours and a design that may feel more contemporary.

4. What are the implications of the sold price history shown?
The history shows two sales. The 2023 sale price range suggests significant appreciation from the 2017 sale. This trend is a positive indicator of the property's growing market value, but a professional appraisal and current market analysis are essential for today's price.

5. What is less obvious about this property's data?
The home consistently ranks higher within its immediate street than in the broader city. This suggests it's a standout property for its specific block, which can be a sign of a well-maintained asset in a micro-location that holds its value well relative to its closest peers.