69 Filbert Crescent

Property Overview: 69 Filbert Crescent, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home, built in 1988, presents a practical opportunity in Winnipeg's Grassie neighborhood. Its key appeal lies in its balance of space and value. With 1,198 sqft of living space, it sits comfortably around the average for its immediate street and the wider city, offering a manageable layout for daily life. A standout feature is the generous 7,064 sqft lot, which is notably larger than many comparable properties in the area, providing valuable outdoor space and potential.

The home includes an attached garage and a basement (noted as unrenovated), adding functional utility. Its assessed value positions it as a more accessible entry point within the Grassie area, suggesting room for personalization and equity growth. This property would suit first-time buyers or downsizers seeking a solid, single-level home with a sizable yard in a stable neighborhood. It’s a home that offers a blank canvas—appealing to those who see value in a property’s foundational assets (like land and location) and are comfortable with a house that may require updates over time.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the neighborhood?
The home’s assessed value is below the average for the broader Grassie area, which can indicate a more affordable entry point into the neighborhood. However, it is around the average for its specific street, Filbert Crescent, suggesting it is priced in line with its immediate surroundings.

2. What is the significance of the lot size?
The land area of over 7,000 sqft is a key asset. It is above average for the street, neighborhood, and city-wide, offering more private outdoor space than many similar properties—a valuable feature for gardening, recreation, or future expansion.

3. What should I know about the basement?
The listing notes the basement exists but is "not renovated." This means it provides additional foundational space and storage but will likely require investment to finish it as a fully livable area, allowing a buyer to customize it to their needs.

4. What does the sold price history indicate?
Public records show a sale in September 2020 within a range of $30.5k to $33.5k. This historical data is a point of reference, but the current market value is determined by more recent conditions, the assessed value, and current listings.

5. Who would this home be a good fit for?
This property is well-suited for buyers prioritizing lot size and location over move-in-ready finishes. It’s a practical choice for those comfortable with a home that may benefit from gradual updates, offering the chance to add value through renovations, particularly in the basement and living spaces.