Property Overview: 421 Grassie Boulevard, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home on Grassie Boulevard presents a compelling case for buyers seeking space and value. Its primary appeal lies in its generous, above-average living area (1,550 sq ft) and an exceptionally large, private lot (over 13,385 sq ft), which ranks among the top 4% of properties in the broader Grassie area. Built in 1985, the home is of a solid, established vintage and features both an attached and a detached garage, offering flexible storage or workshop potential.
The property’s value proposition is nuanced. While its assessed value is strong compared to its immediate street and the city overall, it sits around the average for the Grassie neighborhood itself. This suggests you’re acquiring a premium lot and a spacious home without necessarily paying a premium neighborhood price. It would suit a buyer looking for room to grow, garden, or simply enjoy outdoor privacy, and who appreciates the character and established nature of an older community. It’s ideal for those prioritizing land size and interior space over a newer build, and who may see potential in a property with a versatile garage setup.
Frequently Asked Questions
1. What does the sold price history indicate about the property's value trend?
The home has sold three times since 2016, with each successive sale price range being higher than the last. This indicates a consistent upward trend in its market value over the past decade.
2. How does the lot size compare to typical city lots?
The lot is exceptionally large city-wide, ranking in the top 3%. At 13,385 sq ft, it is more than double the size of the average Winnipeg lot (~6,570 sq ft), offering significant outdoor space.
3. Is the home’s assessed value high for the area?
Interestingly, no. While the home ranks well for value on its own street and city-wide, it is positioned around the middle (Top 63%) for the Grassie area. This means you may get more house and land for your dollar here compared to other listings in the neighborhood.
4. What should I consider about the home’s age?
Built in 1985, key components like the roof, windows, and major mechanical systems (furnace, water heater) may be nearing or due for updates. A thorough inspection is advised to budget for any necessary modernizations or maintenance.
5. How can I find out the exact past sold prices?
The listing service provides sold price ranges based on public data. To obtain the exact historical sale figures, you must request them directly via the email link provided on the property page. They provide this information manually, typically by the end of the same business day.