785 Ebby Avenue

Property Overview: 785 Ebby Avenue, Grant Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Grant Park is a practical and competitively positioned property. Its key characteristic is its modern build date for the area—constructed in 1972, it is significantly newer than most neighbouring homes, which often date to the mid-20th century. This suggests potentially fewer concerns related to the aging infrastructure common in older houses.

The appeal lies in its efficient size and location. With 988 sqft of living space, it offers a manageable footprint that is above average for its immediate street. The assessed value of $280k positions it as a more accessible entry point into the desirable Grant Park neighbourhood compared to the area's higher average. The lot is a standard city size, providing outdoor space without excessive maintenance.

This home would suit first-time buyers or downsizers seeking the convenience of a single-level layout in a mature, established community. It’s a pragmatic choice for someone who values a newer construction year within a classic neighbourhood and is comfortable with a home that has a functional, unrenovated basement and no garage. It represents an opportunity to live in Grant Park while possibly retaining a budget for future updates.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is below the average for both the Grant Park area and Winnipeg city-wide. This indicates a potentially more affordable purchase price for the neighbourhood, though it may reflect the home’s condition or smaller size relative to others.

2. What does the "newer" build year really mean for a 1972 house?
While 52 years old, it is newer than ~90% of homes in Grant Park. This can mean updated building materials and standards for its era, possibly including aluminum wiring or more modern plumbing compared to a 1940s home, but it does not imply it's a new build. A thorough inspection is still essential.

3. Is the lack of a garage a significant drawback?
For many buyers in mature neighbourhoods, it is a common trade-off. The property has a standard city lot, so adding a garage may be possible subject to permits and cost. Buyers should budget for alternative parking and storage solutions.

4. The living area is noted as "above average" for the street but "below average" city-wide. Which is more relevant?
For daily living and resale, the immediate street and neighbourhood context is often more relevant. The home offers a typical amount of space for Ebby Avenue, which tends to have more compact, efficient homes compared to newer suburban areas with larger footprints.

5. What can the 2021 sale price range tell me?
The previous sale in the $235k-$265k range provides a recent market benchmark. Comparing the current assessed value of $280k to that sale price can help gauge market appreciation, but the exact sale price and the property’s condition at that time are key details to request.