Property Overview: 1438 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Grassie presents a compelling mix of modern convenience and established neighbourhood living. Its key strength is its relative newness; built in 2014, it is significantly newer than most homes on its street and across Winnipeg, suggesting fewer immediate maintenance concerns and modern building standards. With 1,364 sqft of living space, it offers above-average roominess for Concordia Avenue E. The home features a renovated basement and a detached garage.
The appeal lies in this balance: you get a contemporary home without sacrificing the mature setting of a long-established area. The data indicates it's a solid, above-average performer on its specific street in terms of size, value, and age. It suits practical buyers looking for a move-in-ready home who want to avoid the premium of a brand-new subdivision, as well as those who value a newer property but want the character and developed greenery of an older neighbourhood like Grassie. A thoughtful point for buyers is the land size: while ample for the street, the lot is smaller than the Grassie average, which could mean less yard work but also limits expansion potential.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The home ranks above average for its street in living area, assessed value, and is elite for its newness. However, within the broader Grassie neighbourhood, its lot size is below average, which is a typical trade-off for a newer home in an established area.
2. What does the assessed value tell me about the property?
At $43,800, the city assessment is above average citywide and for the street. It's important to note this value is for taxation purposes; market value is determined by current sale prices, which can differ.
3. What is the history of price changes for this home?
Based on available data, it last sold in May 2016 for an estimated range of $275,000 to $305,000. For the exact historical sold price, you can request the information via email from the listing source.
4. What are the potential trade-offs of a newer home on this street?
The major benefit is modern construction with likely better energy efficiency and less near-term repair cost. A consideration is that the architectural style and smaller lot might differ from older, more varied homes on the block, potentially affecting streetscape cohesion.
5. Who might this property not suit as well?
Buyers prioritizing a very large backyard for gardening or recreation, or those seeking a home with the classic character and architectural details of an older era, might find other properties in Grassie more aligned with their preferences.