Property Overview: 49 Parasiuk Place, Grassie, Winnipeg
Key Characteristics & Ideal Buyer
This two-storey home in Grassie presents a compelling blend of space, location, and established value. Built in 1995, it offers a modern layout compared to many city homes, and its fully renovated basement adds significant functional living area. The property stands out for its generous 11,761 sqft lot, which is notably larger than most in both the neighbourhood and Winnipeg overall, offering ample outdoor potential. With an attached garage and above-average assessed value for its street, it carries a sense of solid investment in a well-regarded area.
The appeal lies in its balanced offering: it’s not the newest nor the largest home internally, but it provides a very spacious yard—a rarity—coupled with a renovated, move-in-ready footprint. It would suit a growing family seeking room for children or gardens, or anyone who values private outdoor space over an excessively large house. Buyers looking for a home with established roots in a mature neighbourhood, who may prioritize a quiet street and a property that has historically held its value well, will find this particularly suitable.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,677 sqft, the living area is comfortably above the Winnipeg average and is competitive within the Grassie area, placing it in the top third for size locally. It offers a practical amount of space for a family without being oversized.
2. What does the "Elite" ranking for land area mean?
This indicates the lot size is in the top 5% of all properties in Grassie and the top 4% city-wide. The nearly quarter-acre lot is a defining feature, offering much more yard space than the typical Winnipeg property.
3. The home was last sold in late 2022. What does that suggest?
The relatively recent sale indicates the current market value is well-established in modern terms. For a buyer, it means the property’s condition and features have been acceptable to a contemporary purchase decision not long ago.
4. Is the assessed value a reliable indicator of the listing price?
The assessed value ($53.40k) is a municipal calculation for tax purposes and is not the market price. However, its "above average" ranking on the street and in the city suggests the property is consistently viewed as a higher-value home in its peer group, which often correlates with stronger market prices.
5. What are the less obvious considerations with a 1995-built home?
Homes from this era often benefit from modern wiring and insulation standards compared to much older stock, but may be approaching the age where original major components (like the roof, windows, or HVAC) could require inspection or planned updates, balancing move-in readiness with future maintenance planning.