Property Overview: 102-1030 Grant Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 650 sqft condo in the well-established Grant Park neighbourhood, built in 1970. Its primary appeal lies in being an accessible entry point into a desirable area. The assessed value ($15,300) and recent sold price history are notably below the citywide average, offering a lower financial barrier compared to most Winnipeg properties. While the living space is compact, it ranks more competitively within the Grant Park area itself, suggesting it aligns with the smaller, efficient footprints common in this locale.
The property would best suit a pragmatic first-time buyer, a downsizer seeking a low-maintenance lifestyle in a central neighbourhood, or an investor looking for an affordable rental unit in a stable area. Its standout characteristic is its context: within Grant Park, it's an older building (ranking in the top 1% by year built for the area, meaning it's one of the neighbourhood's original structures) with a value that is around the local average. This presents a less obvious perspective—it’s not a standout citywide, but it represents a very typical, grounded option within its own sought-after community. The appeal is in securing a location in Grant Park without the premium price tag often associated with larger or newly renovated units.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
Based on the data, its assessed value is around the average for Grant Park condos. You are paying a price that is typical for the neighbourhood, but for a smaller, older unit. The value is in the location more than the unit's specifications.
2. How does the living space compare?
At 650 sqft, it is below average for Winnipeg condos overall. However, within the Grant Park area specifically, it is much closer to the local average (719 sqft), indicating many condos here are similarly compact.
3. What does the "Top 1%" ranking for Year Built in Grant Park mean?
This means it is one of the oldest buildings in the neighbourhood. Built in 1970, it is older than 99% of comparable properties in Grant Park. This isn't necessarily negative, but it indicates a building with older infrastructure that may require different consideration than a newer build.
4. What are the ongoing costs like?
While the listing price is low, prospective buyers should diligently inquire about the condo association fees, what they cover, and the status of the reserve fund. Older buildings can have higher maintenance costs, which are managed through these fees.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it directly via the "Get exact sold price history" button on the listing page. The service manually provides the accurate figure by email, typically by the end of the same business day.