Property Overview: 231 Jacques Avenue, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in Grassie offers a practical and modern living space. Its key features include a renovated basement and an attached garage. Built in 2001, the house is notably newer than the Winnipeg city-wide average, suggesting updated building systems and less immediate need for major repairs.
The appeal lies in its balance and positioning. With 1,482 sqft of living space and a $490k assessed value, it sits comfortably in the middle range for its immediate street and neighbourhood, offering a sense of value without extremes. A thoughtful perspective is its city-wide standing: while average in Grassie, it ranks above average in value and age compared to all Winnipeg homes, indicating a solid investment in a desirable context. The lot size (4,790 sqft) is smaller than most on its street, which translates to less yard maintenance—a potential plus for buyers seeking a manageable property.
This home would suit practical buyers looking for a move-in-ready, single-level layout in an established neighbourhood. It’s ideal for small families, professionals, or downsizers who value a modern(ish) home with a finished basement, prefer not to be at the top of their area’s price range, and appreciate a lower-maintenance yard.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
Its assessed value is slightly below the average for Jacques Avenue and the broader Grassie neighbourhood, but ranks above the Winnipeg city average. This suggests you’re getting a relatively newer home at a competitive price within its immediate area.
2. Is the lot size a disadvantage?
While the land area is smaller than many lots on the street, it is close to the city-wide average. This means less yard upkeep, which can be a benefit for those not wanting extensive gardening or maintenance.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the additional space.
4. The home sold in 2020. What can that price history tell me?
The sold price range from 2020 provides a market snapshot from that time, but it is not a direct indicator of current value. Market conditions, interest rates, and any further updates to the home have likely influenced its value since.
5. Who might this property not suit?
Buyers seeking a very large yard, those who want a home that significantly stands out in size or value on their street, or anyone requiring a two-storey layout might find other properties more aligned with their needs.