Property Overview: 14 Filbert Crescent, Grassie, Winnipeg
This 1986 bi-level home at 14 Filbert Crescent presents a practical and affordable entry point into Winnipeg’s Grassie neighbourhood. With 1,012 sqft of living space, a renovated basement, and a detached garage on a standard 6,033 sqft lot, it’s a straightforward property that prioritizes function and value.
Key Characteristics & Appeal
The primary appeal of this home lies in its position as a value-conscious option. Its assessed value ($40,900) sits notably below both the street and neighbourhood averages, suggesting a potentially lower property tax burden and an accessible price point. The home is modest in size—ranking below average for living area in its immediate area—which translates to less space to maintain and heat, a practical consideration for some. The renovated basement adds functional living space without the premium of a larger above-ground footprint.
Its appeal is grounded in practicality rather than luxury. It would suit first-time buyers seeking an affordable detached home with some updated features, or investors looking for a manageable rental property. A thoughtful perspective is that while the home is older than most on its street, it is actually newer than the Winnipeg city-wide average, indicating it may have more modern construction basics than many homes in the broader market. The lot size is consistently average across all comparison levels, offering standard outdoor space without the upkeep of a larger yard.
Frequently Asked Questions
1. Is this a small house?
Yes, at 1,012 sqft, the living area is below average for both Filbert Crescent and the Grassie neighbourhood. This makes it a compact, efficient layout.
2. Why is the assessed value so much lower than the city-wide average sale price shown?
The city-wide "average" of $390k listed is for comparable homes, not all homes. It indicates this property is valued among a more affordable segment of the market. Your property taxes are based on the assessed value ($40,900), not city-wide averages.
3. What does the sold price history tell me?
The home has sold three times since 2016, with each sale price range higher than the last. This indicates steady appreciation in a value-focused price tier.
4. How does the year built (1986) affect the home?
Built 40 years ago, it is older than most direct neighbours. Buyers should prioritize a thorough inspection for aging components like the roof, windows, and major systems, which may be due for attention or updates.
5. Who are the typical buyers for a home like this?
This property typically attracts first-time homebuyers, downsizers seeking a manageable property, or practical-minded buyers who prioritize financial accessibility and a renovated basement over above-average size or premium finishes.