Property Overview: 45 Outhwaite Street, Grassie, Winnipeg
Key Characteristics & Appeal
This well-maintained one-storey home in Grassie presents a practical and comfortable living space. Its key appeal lies in its balance of modern updates and established neighbourhood character. The home features a renovated basement and an attached garage, with a living area of 1,297 sqft that is very typical for its immediate street and the wider city. Built in 1996, it is notably newer than many Winnipeg homes, offering more contemporary construction while still being part of a mature community.
The property’s standout characteristic is its assessed value, which ranks in the top 5% on its own street, suggesting it is perceived as a higher-quality asset within its direct peer group. This, combined with its average-sized lot, positions it as a solid, turnkey property rather than a fixer-upper or a redevelopment project. It would suit first-time buyers, downsizers, or investors seeking a move-in ready home with modern basics in a quiet neighbourhood. Its consistent sale history indicates stable demand, appealing to those looking for a straightforward, low-drama purchase.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,297 sqft, the living area is very close to the average for both Outhwaite Street and the city of Winnipeg as a whole. It is slightly smaller than the average home in the broader Grassie area.
2. What does the "Elite" ranking for Assessed Value on the street mean?
This indicates that, among the 21 comparable homes on Outhwaite Street, this property has the highest assessed value. This often reflects factors like its newer build year (1996) and recent renovations, suggesting it is in better condition than its immediate neighbours.
3. Is the lot size typical?
The 4,430 sqft lot is average for Outhwaite Street but is below the average lot size for the larger Grassie area. This means you have a standard yard for the street, but homes in surrounding parts of the neighbourhood may have more land.
4. What can recent sold prices tell me?
The home sold in 2022 and again in 2023. The sold price ranges show it has transacted at values considered above average city-wide, demonstrating consistent market appeal. For the exact sale prices, you can request them directly from the listing source.
5. Who might this property not suit?
Buyers seeking a very large lot or significantly more interior space than the neighbourhood norm may find it limiting. It’s also not a historic character home, so it may not appeal to those seeking classic charm. It is best for those who value a newer, updated home in a settled area.