Property Overview: 10 Joanna Drive, Grassie, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1987 bi-level home at 10 Joanna Drive presents a solid, renovated offering in Winnipeg's Grassie neighborhood. With 1,210 sqft of living space and a renovated basement, it sits on a roughly 5,000 sqft lot with an attached garage. The home’s standout characteristic is its financial footprint: it carries a notably low assessed value of $45,90k, which ranks in the top 8% on its own street and top 27% city-wide. This suggests a potentially lower property tax burden relative to many comparable homes.
Its appeal lies in offering functional, updated space (the renovated basement adds significant value) while maintaining very manageable ownership costs. The home is not the newest or largest on the block, but it represents a practical, value-conscious entry into the market. It would suit first-time buyers or downsizers seeking a low-maintenance, cost-effective home without major renovation needs. A thoughtful perspective is that this property offers "financial efficiency"—you get modernized living areas without the premium price tag often associated with fully updated homes, making it a shrewd choice for budget-aware buyers focused on long-term affordability.
Frequently Asked Questions
1. What does the assessed value really indicate?
The assessed value of $45,90k is used for calculating municipal property taxes. Its ranking—significantly above average for the street and city—indicates your tax bill should be comparatively lower than many other homes, which is a key ongoing cost advantage.
2. How does the living space compare to the area?
At 1,210 sqft, the living area is very close to the average for Joanna Drive itself (~1,201 sqft) but below the broader Grassie neighborhood average. This means the home offers standard space for its immediate surroundings, making it a typical fit for the street.
3. Is the renovated basement a full suite?
The listing confirms the basement is renovated but does not specify if it is a legal secondary suite. Buyers should verify with the seller or authorities if a separate rental unit is a requirement.
4. What is the significance of the home's age?
Built in 1987, the home is older than most in Grassie but older than the city-wide average. This often means established landscaping and mature neighborhoods, but it underscores the importance of a thorough inspection to verify the condition of major aging components like the roof, windows, and foundation.
5. How reliable are the provided sold price histories?
The listed sold price ranges are based on public data estimates. To obtain the exact historical sale price for this property, you must request it directly via the provided email service, as the platform manually verifies this information.