Property Overview: 47 Harvey Place, Grassie, Winnipeg
Key Characteristics & Appeal
This well-maintained, one-storey home in Grassie offers a practical and modern living space. Built in 2014, it is a newer construction compared to most homes in Winnipeg, suggesting fewer immediate maintenance concerns and modern building standards. The home features 1,400 sqft of living space, an attached garage, and a renovated basement, adding valuable functional area. Its assessed value is notably strong, ranking well above average for both the neighbourhood and the wider city, which often indicates good value retention and municipal valuation.
The appeal here is grounded in balance and practicality. While the lot size is modest for the immediate street, the home itself is modern, efficient, and sits in a neighbourhood of newer properties. It suits first-time buyers or downsizers looking for a low-maintenance, move-in-ready home without the quirks of an older build. It’s also a sensible choice for value-focused buyers who appreciate that its official assessment outperforms many peers—a less obvious point that can signal a solid foundation for equity.
Frequently Asked Questions
1. Is the living space smaller than other homes on the street?
Yes. At 1,400 sqft, the living area is below the average for Harvey Place. However, it is very close to the city-wide average and includes a renovated basement, which effectively expands the usable space.
2. How does the assessed value compare?
Very favourably. The home’s assessed value ranks in the top 24% in Grassie and top 15% city-wide, meaning it is valued higher than most comparable properties. This can reflect the home’s condition, renovations, and the desirability of newer builds in the area.
3. What does the lot size mean for me?
At just over 5,000 sqft, the lot is smaller than others on the street, which may mean less yard maintenance. For gardeners or those seeking extensive outdoor space, it’s a consideration. For those prioritizing interior space and low upkeep, it’s a practical fit.
4. The home sold in early 2023. Why is that price a range?
The sold price provided is an estimate based on publicly available data. To obtain the exact sale price, you can request it via email from the site; they provide this detail manually to ensure accuracy.
5. Who would this home suit best?
This property is ideal for buyers seeking a modern, one-level layout with recent updates (like the basement). Its strong assessed value and newer age make it particularly suitable for those who prioritize financial prudence and want to avoid the unexpected repair costs often associated with older homes.