Property Overview: 1414 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Grassie presents a compelling blend of modern convenience and established neighbourhood living. Its key characteristic is its relative newness, built in 2014, which places it among the newest homes on its street and in the wider area. This suggests updated building systems and less immediate concern for major repairs. The home offers 1,364 sqft of living space, which is above average for Concordia Avenue E, and features a renovated basement and a detached garage.
The appeal lies in its position as a well-maintained, turn-key property in a mature neighbourhood. It suits first-time buyers or downsizers seeking a modern home without the premium of a brand-new subdivision, and practical buyers who value a renovated basement for extra living space or rental potential. A thoughtful perspective is its lot size: at 4,462 sqft, it’s generous for the street but smaller than the Grassie average. This translates to less yard maintenance than many area homes, which could be a perk for some, while still offering decent outdoor space.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $42,500. It last sold in June 2023 for an estimated $37,500-$40,500, indicating the assessment is reasonably aligned with recent market activity.
2. What does the "below average" land area ranking for Grassie mean?
While the lot is a good size for Concordia Avenue E, it's ranked below the Grassie neighbourhood average. Many homes in Grassie sit on larger, deeper lots. For this property, it means a more manageable yard but potentially less privacy or space for extensive landscaping than some neighbouring homes.
3. Is the detached garage heated or insulated?
This detail is not provided in the available data. This would be an important question for a viewing, as it significantly affects the garage's utility for workshops or vehicle storage during Winnipeg winters.
4. What is the specific nature of the basement renovation?
The listing confirms the basement is renovated but does not specify the finish quality, ceiling height, or the inclusion of legal egress windows. Determining if it’s a casual rec room or a potential secondary suite would require further inspection.
5. How does the living area compare to similar-priced homes nearby?
At 1,364 sqft, this home offers more living space than many directly comparable homes on the same street, which average about 1,233 sqft. It provides a size advantage within its immediate locale, though some similar-value homes in other parts of Elmhurst/Grassie may offer different square footage trade-offs.