Property Overview: 348 Jacques Avenue, Grassie, Winnipeg
This one-storey home on a spacious lot presents a practical and comfortable living opportunity in Winnipeg's Grassie neighborhood. Its appeal lies in offering solid, renovated fundamentals within a mature community. The home features 1,300 sqft of living space, an attached garage, and a renovated basement. Built in 1994, it is newer than many city-wide comparables. The property sits on a 6,198 sqft lot, providing ample outdoor space. Recent sales history shows significant appreciation, with the latest sale in early 2024 being substantially higher than its 2017 sale price.
Key Characteristics & Ideal Buyer
The home’s key characteristic is its balance. It doesn’t lead its immediate area in size or assessed value but consistently performs above the city-wide average across metrics like lot size, year built, and value. Its renovated basement adds modern livability to the well-proportioned floor plan. The appeal is grounded in a "move-in ready" foundation with room for personalization, set on a generous lot that is a relative luxury compared to many city properties.
This property would suit first-time buyers or downsizers seeking single-level living without compromising on yard space. It’s also a sensible fit for value-oriented buyers who appreciate a home that outperforms the broader city market, suggesting a stable investment in a neighborhood that has seen notable growth. The attached garage and renovated basement add practical appeal for those prioritizing convenience and immediate functionality over high-end finishes.
Frequently Asked Questions
1. How does this home compare to others in the Grassie area?
The home is generally around average for the Grassie neighborhood in terms of living area, assessed value, and year built. Its standout feature locally is its above-average lot size, offering more outdoor space than many nearby properties.
2. What does the sold price history indicate?
The public data shows a considerable increase in value between its 2017 sale and its most recent sale in February 2024. This suggests strong appreciation for the property, though exact sale prices require a direct request to the listing service.
3. Is the basement fully finished?
The listing specifies the basement is renovated, indicating it is a finished, livable space. Specifics on the quality, layout, and permits for this renovation would require further inquiry during a viewing.
4. Who would this property not suit?
It may not suit buyers seeking a brand-new build, a very large interior square footage, or a home that leads its immediate street in premium value. The home offers solid averages and city-wide advantages rather than top-tier status in its direct vicinity.
5. What is the significance of the "above average city-wide" rankings?
While the home is typical for its own street and neighborhood, it scores well against the entire Winnipeg market. This implies you are getting a property with fundamentals—like a newer build year and larger lot—that are better than those of many homes across the city, which can be a positive indicator for long-term value.