Property Overview: 47 Terry Scott Bay, Grassie, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2015, offers modern living in Winnipeg's Grassie neighbourhood. Its primary appeal lies in its above-average size and contemporary age compared to most homes in the city. With 1,887 sqft of living space, it ranks in the top 20% on its own street and the top 14% city-wide, offering more room than the typical Winnipeg home. The attached garage and full (though unrenovated) basement add practical utility.
The home suits buyers looking for a relatively newer property that requires no major updates, preferring move-in readiness over a fixer-upper project. Its assessed value is positioned above average for the broader area, suggesting a solid, established valuation. A thoughtful perspective is that while the lot size is average for the area, it trades sheer land expanse for a more generous interior footprint—a practical choice for those prioritizing living space over extensive yard maintenance. The recent sale in mid-2024 provides a clear, current market benchmark, adding transparency for buyers.
Frequently Asked Questions
1. How does this home's size truly compare to others?
It is notably spacious. Its living area is larger than approximately 86% of all homes in Winnipeg and 83% of homes in the Grassie area, placing it in a distinct category for interior space.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely an unfinished space that offers potential for future customization or storage.
3. What does the "above average" assessed value mean for taxes?
An assessed value above the city and neighbourhood averages generally indicates a higher property tax base. Buyers should factor this into their ongoing cost calculations, as it reflects the city's valuation of the property relative to others.
4. The home sold recently in 2024. Why is it back on the market?
The provided data shows a sale history but does not indicate the property is currently for sale. This summary is based on its recorded details and last sale; current status should be verified with a real estate agent.
5. How does the lot size impact this property?
At just over 5,000 sqft, the lot is average for the street and city. This could be seen as a balanced offering: it provides outdoor space without the upkeep of a very large yard, aligning well with the modern, low-maintenance appeal of a newer home.