Property Overview: 1466 Concordia Avenue E, Winnipeg
Key Characteristics & Appeal
This two-storey home in Grassie is a practical, modern offering built in 2013. Its key appeal lies in being a relatively newer construction in a city where many homes are decades older, potentially reducing immediate concerns about major aging systems. With 1,364 sqft of living space, it offers above-average roominess for its immediate street and is competitively sized city-wide. The lot is modest for the Grassie neighbourhood but standard for the street, suggesting a lower-maintenance yard.
The home suits first-time buyers or downsizers seeking a move-in-ready property without the quirks of an older home. Its assessed value is notably below the neighbourhood average, which could indicate a more accessible entry point into the area. A thoughtful perspective is that while the basement exists, it is noted as not renovated, presenting a clear, defined project for future expansion rather than an unfinished surprise. The lack of a garage is a trade-off for the newer build, positioning this as a home for those who prioritize the dwelling itself over vehicle storage.
Frequently Asked Questions
1. How does the assessed value compare to likely selling price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. The home’s assessed value is below the Grassie average, but recent sold prices of similar homes in the area are a more direct indicator of its market worth.
2. What does "basement, not renovated" imply?
It confirms the basement is developed and usable but finished to a basic, likely builder-grade standard from 2013. It’s functional space but may lack upgrades or personalized finishes a homeowner might later want to undertake.
3. Is the lot size a disadvantage?
The land area is smaller than the Grassie average but typical for Concordia Avenue E. This means less yard maintenance but also less private outdoor space compared to some other properties in the wider neighbourhood.
4. How does the 2013 build year affect this home?
A 2013 build is a significant advantage, placing it in the top 10% of homes in Grassie by age. Buyers benefit from modern building codes, materials, and likely more efficient mechanical systems (furnace, windows) than older stock.
5. Are there comparable recent sales to gauge value?
The listing references a nearby sale at 1470 Concordia Avenue E from 2019, which is similar in age and assessed value. For a current market evaluation, a real estate professional can provide a detailed analysis of more recent sales in Grassie and similar areas.