Property Summary: 26 Terry Scott Bay, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, modern one-storey home built in 2014, offering a practical and comfortable living space of 1,198 sqft. Its key appeal lies in its balance of a newer build, a generous and above-average lot size (over 7,100 sqft), and a renovated basement, all within a stable Winnipeg neighbourhood. While the living area is modest compared to some immediate neighbours, the property holds its value strongly on a city-wide scale, ranking in the top 18% for assessed value.
The home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout without sacrificing outdoor space. It’s also a pragmatic choice for value-conscious buyers who prioritize a newer construction year (which minimizes near-term repair costs) and the potential of a large yard, over maximizing interior square footage. The attached garage and updated basement add functional appeal for everyday living.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
While the living area is below average for its immediate street and the Grassie area, it is very close to the average size for the entire City of Winnipeg. The trade-off is a significantly larger-than-average lot.
2. What does the assessed value ranking indicate?
The assessment suggests that, compared to all Winnipeg homes, this property is valued in the top 18%, indicating strong market fundamentals. On its own street and in Grassie, its value is around the average, showing it’s consistently priced within its direct market.
3. Is the lot size a notable feature?
Yes. The lot of 7,115 sqft ranks in the top 9% on its street and top 20% in Grassie. This is a standout feature for a 2014 home, offering ample outdoor space that is less common in newer subdivisions.
4. What is the historical price context?
Public records show a sale in June 2021 in the $475k-$505k range. The current assessed value is $514,000. For the exact historical sold price, you can request details via email from the listing source.
5. Who might this property not suit?
Buyers needing extensive main-floor living space or multiple large bedrooms may find the layout limiting. It’s best for those who value lot size, modern construction, and a finished basement over a larger main-floor footprint.