Property Overview
This 1983 one-storey home at 341 Grassie Boulevard presents a compelling blend of space, location, and value. Its primary appeal lies in its exceptionally large, nearly 15,000 sqft lot, which places it in the top 3% of properties in the Grassie neighbourhood for land area. The home itself, with 1,502 sqft of living space and a renovated basement, is sized above average for its street. While the building's age is typical for the area, the generous lot offers rare potential for expansion, gardening, or outdoor recreation that is hard to find in newer subdivisions. The detached garage adds practical utility.
This property would suit a buyer looking for a solid, established neighbourhood home where the land is a major asset. It’s ideal for those who prioritize outdoor space over a brand-new build, and for owners who see value in a renovated basement as immediate living space or rental potential. The assessed value suggests it sits in a higher tier for its street, indicating a perceived premium for its characteristics.
Frequently Asked Questions
How does the lot size compare to nearby properties?
The lot is a key feature, ranking in the top 3% within the entire Grassie neighbourhood. It is significantly larger than many nearby reference properties, offering a level of privacy and space that is increasingly uncommon.
Is the home’s age a concern?
Built in 1983, the home is of a common vintage for the area. While some systems may be original, the data shows it is newer than about 65% of homes in Winnipeg overall. The renovated basement is a positive update. A thorough inspection is always recommended.
What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a separate entrance or kitchenette, which impacts its utility and value.
How does the assessed value relate to the asking price?
The assessed value is $450k, which serves as a municipal tax valuation benchmark, not a market price. It indicates the property is viewed as one of the more valuable on its street (top 14%). The actual listing price will reflect current market conditions.
What is the neighbourhood like?
Grassie is an established neighbourhood. The listing shows a mix of older homes like this one and newer constructions from the 2000s and 2010s nearby, suggesting an area with steady renewal and a range of property ages and styles.