Property Overview: 1631 Concordia Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Grassie presents a practical opportunity, particularly for its generous lot size. Built in 1987, the 1,120 sqft house sits on a 5,474 sqft parcel of land, which is notably larger than most lots on Concordia Avenue E. The home features a renovated basement and a detached garage. Its assessed value is modest compared to the broader city and neighbourhood averages, suggesting a potentially accessible entry point into the market.
The primary appeal lies in the land itself. For the street, the lot size is in the top 4%, offering valuable outdoor space or future expansion potential in a mature area. The renovated basement adds functional living space. This property would suit first-time buyers, downsizers looking for a manageable single-level layout, or value-oriented investors seeking a house with a land advantage. It’s a home that offers more outside than in, appealing to those who see long-term value in the property footprint or desire room for gardens, play, or storage.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,120 sqft, the living area is slightly below the average for both the immediate street and the wider Grassie neighbourhood, but is close to the Winnipeg city average. The renovated basement effectively adds to the usable space.
2. What is the significance of the lot size?
The land area of 5,474 sqft is a standout feature. It ranks in the top 4% for lots on Concordia Avenue E, meaning it offers significantly more yard space than most direct neighbours, which is a key asset.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($37,900) is a municipal valuation for tax purposes and is typically below market value. It indicates a relatively low tax base. Historical sold price data (from 2017) and current market conditions will be more accurate guides for the expected selling price.
4. What does the "around average" ranking for Year Built mean?
Built in 1987, the home is older than many on its street (where the average build year is 2002) but is newer than the typical Winnipeg home. This suggests it may have fewer extreme age-related issues than much older stock but could still require updates common to houses of its era.
5. How can I get the exact historical sold price?
Exact sold prices are not publicly displayed in detail. You can request the precise sale history by emailing via the provided button on the listing page; the service commits to providing the information manually without using your email for unsolicited marketing.