Property Overview: 319 Grassie Boulevard, Winnipeg
Key Characteristics & Appeal
This two-storey home on Grassie Boulevard is a property of interesting contrasts. Its primary appeal lies in its generous 1,694 sqft of living space, which places it in the top 4% of homes on its own street and above the city-wide average. This suggests a home that feels spacious relative to many in the immediate area, a notable advantage for buyers seeking room to grow. The basement has been renovated, adding functional living space. Built in 1986, the home is newer than the typical Winnipeg house, potentially meaning fewer major age-related concerns than in older stock.
The property’s value proposition becomes clearer when examining its context. While the home itself is spacious, its assessed value is around average for the street but below average for the broader Grassie area. This could indicate an opportunity, presenting a larger home at a value point that is competitive within the neighbourhood. The lot size is a modest 6,246 sqft, which is manageable and typical for the city, but notably smaller than the unusually large average lot on Grassie Boulevard itself. This combination suits buyers who prioritize interior space over extensive yard maintenance. It would be an excellent fit for a growing family, a professional couple needing home office space, or a value-conscious buyer looking for above-average square footage in the Grassie area without a premium price tag.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in March 2017 for an estimated range of $295,000 - $325,000. Its current assessed value is $429,000. As assessments and market value can differ, consulting a local realtor for a current market analysis is essential.
2. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. A buyer should verify the permits and status of the renovation with the city to understand its approved use.
3. The lot seems smaller than others on the street. Why?
The data shows the average lot on Grassie Boulevard is much larger (over 17,000 sqft). This property’s lot is approximately 6,246 sqft, which is actually above the city average. It suggests the boulevard has a mix of standard and very large lots, and this home sits on one of the more standard-sized parcels.
4. What does the "below average" year built rank for the Grassie area mean?
While the home was built in 1986, the average "comparable home" in the wider Grassie area was built around the year 2000. This means the neighbourhood has newer construction overall, so this home is slightly older than many of its area peers but still newer than the typical Winnipeg home.
5. There is no garage. Is there space to add one?
The listing confirms there is no garage. Whether one can be added would depend on the property’s setback requirements, the size of the existing driveway, and City of Winnipeg zoning bylaws. The manageable lot size may limit options, so this would require investigation.