47 Bonnie Lane

Property Overview: 47 Bonnie Lane, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2010, offers a modern foundation in the Grassie neighbourhood. Its key characteristics include 1,868 sqft of living space, an attached garage, and a renovated basement. The home’s appeal lies in its balance of contemporary build quality and established community living. While the lot size is more compact compared to others on Bonnie Lane, the property holds a strong position when viewed in the broader Grassie area and city-wide context, ranking above average for living space, assessed value, and year built for those larger markets.

This property would suit buyers looking for a move-in ready home from the last two decades, who prioritize interior space and modern systems over a large yard. It’s a practical choice for professionals or small families seeking a home that stands out in the wider area for its size and age, while offering a sense of value within its immediate streetscape. The renovated basement adds functional space, making it adaptable for a home office, recreation, or guest area.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The data shows a nuanced picture. On its own street (Bonnie Lane), the home is newer than most but has a smaller lot. However, when compared to all of Grassie or Winnipeg city-wide, it ranks well above average for living space, assessed value, and its modern build year, suggesting it represents a strong offering in the broader market.

2. What is the history of sold prices for this home?
Public records indicate two sales: one in November 2016 (approximately $40.5k-$43.5k) and a more recent sale in October 2021 (approximately $57.5k-$60.5k). For the exact sold price, you can request details via email from the listing source.

3. Is the assessed value a reliable indicator of the listing price?
The assessed value ($55.50k) is an administrative figure for tax purposes and is not a direct market appraisal. It can, however, provide a general benchmark. Notably, this home’s assessed value is above average for both the Grassie neighbourhood and Winnipeg overall.

4. What does "renovated basement" typically include?
The listing notes a renovated basement but does not specify the scope. This could range from cosmetic updates to a fully finished legal suite. This detail would be a key point to clarify with the seller or listing agent to understand the home’s full utility and value.

5. The lot is noted as smaller for the street. How significant is this?
The lot is 5,483 sqft, which is below the average for Bonnie Lane but close to the city-wide average. This may mean a more manageable yard with less maintenance, but potentially less private outdoor space than some neighbours. Your personal preference for yard size versus interior space will determine how significant this factor is.