Property Overview: 851 Ebby Avenue, Grant Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1950, sits on a notably generous 4,204 sqft lot in the established Grant Park neighbourhood. With 900 sqft of living space and a renovated basement, it offers a compact yet functional layout. The home’s standout feature is its strong positioning relative to its immediate street and area: it ranks above average on Ebby Avenue for assessed value, lot size, and the age of the home, suggesting it is a well-regarded property on a desirable block.
Its appeal lies in offering a solid, no-frills footprint in a prime location within Grant Park, a neighbourhood known for its convenience and charm. The data indicates you are paying more for the specific lot and location than for sheer square footage, which is common in mature, sought-after areas. This property would suit a first-time buyer or downsizer looking for a manageable home with a good yard in a central neighbourhood, without the maintenance of a larger, newer property. It’s a pragmatic choice for someone who values location and land over expansive interior space.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 900 sqft, the living area is around the average for Grant Park but below the Winnipeg city-wide average. This is typical for older, character homes in central neighbourhoods where lot size and location often take precedence.
2. What does the assessed value tell us?
The $350k assessment is above average for Ebby Avenue itself, which is a positive indicator of the property’s standing on its specific street. It is around the average for the broader Grant Park area, suggesting the price reflects a fair market position within this popular neighbourhood.
3. Is the lot size a significant feature?
Yes. The lot is over 4,200 sqft, which is larger than many on the same street and in the area. This provides valuable outdoor space and potential, which is a key asset in mature neighbourhoods where lots are often subdivided or smaller.
4. What can recent sold prices tell me?
The sold price range from July 2024 ($365k-$395k) was in the top 6% for Ebby Avenue at that time, strongly indicating high demand for this particular property. The previous sale in 2016 was at a more moderate price point, showing significant appreciation over eight years.
5. Who might the neighbouring comparable property at 811 Ebby Avenue appeal to?
The nearby listing at 811 Ebby Avenue, built in 1978 with slightly more living space (960 sqft) but a lower assessed value, may appeal to a similar buyer but could represent a different value proposition—potentially offering more modern construction or a different layout for a different price point, underscoring the importance of viewing both.