Property Overview: 201-1030 Grant Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This condominium at 201-1030 Grant Avenue is a 925 sqft unit in a well-established Grant Park building from 1970. Its primary appeal lies in its strong positioning within the highly desirable Grant Park neighbourhood. While its size and assessed value are fairly average when compared to all properties on Grant Avenue or citywide, it stands out significantly within its immediate area. In Grant Park, it ranks in the top 11% for living area and the top 9% for assessed value, indicating it offers more space and perceived value than most comparable local units. Notably, its 1970 build date makes it one of the newer buildings in this specific neighbourhood.
The unit would suit a practical buyer looking for a spacious, no-basement condo in a prime central location. It’s ideal for someone who values the walkability and amenities of Grant Park—close to shopping, parks, and transit—over a brand-new build. The metrics suggest you are paying for location and interior space rather than modern building amenities. A thoughtful perspective is that this property represents a "neighbourhood premium" purchase; you're investing in the established community of Grant Park itself, with the unit offering solid, above-average fundamentals for that specific area.
Section 2: Frequently Asked Questions (FAQs)
1. How does this condo compare in size to others in the area?
At 925 sqft, this unit is notably more spacious than most condos in Grant Park, ranking in the top 11% for living area locally. It is slightly below the average size for all condos on Grant Avenue but offers more room than the typical Winnipeg condo.
2. What does the assessed value tell me about this property?
The assessed value of $19,800k is above average for Grant Park (top 9%), indicating it is likely valued higher than most units in the neighbourhood. Citywide, however, the assessment is around average, reflecting the premium associated with the Grant Park location.
3. The building was built in 1970. What should I consider?
While a 56-year-old building requires due diligence on maintenance, reserves, and potential updates, it is actually one of the newer buildings in the Grant Park area. This could mean more modern construction than many neighbouring properties, but a thorough review of the condo corporation's health is essential.
4. Are there recent sale prices available for this unit?
Public records show a sale occurred in July 2017 for an estimated range. To obtain the exact historical sold price, you must request it directly via the provided email service, as this data is verified and shared manually.
5. Who are the most likely neighbours in this building?
Given the building's age, size, and location, it likely attracts a mix of long-term residents who value the stable neighbourhood and newer owners seeking a low-maintenance, spacious condo in a central location without the density of a newer downtown tower.