Property Overview
This two-storey home at 7 John Mann Place in Winnipeg's Grassie neighborhood presents a specific and compelling value proposition. Built in 2008, it offers nearly 2,000 sqft of living space, which is notably above average for both the city and the immediate area. Its key characteristic is a clear value position: the home has a lower assessed value than most direct neighbors on its street, suggesting a potential opportunity relative to its location and size. The property includes an attached garage and a basement (not renovated), but sits on a smaller, more manageable lot compared to others in Grassie.
Its appeal lies in offering substantial interior space in a modern home, without the premium lot size or price tag of some neighboring properties. It would suit practical buyers looking for a well-sized, relatively contemporary house in a established area, who prioritize indoor living space over a large yard. It may also attract value-conscious purchasers who see potential in a home assessed below the street average, possibly as a solid foundation for updates over time.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
While the land area is below average for the street and Grassie, it is closer to the citywide average. This translates to less yard maintenance, which can be a benefit for those seeking a low-maintenance property, but may not suit buyers wanting extensive outdoor space.
2. What does the below-average assessed value on the street indicate?
This typically suggests the municipal assessment is lower relative to neighboring homes. It can point to a variety of factors, including the lot size, the unrenovated basement, or the specific market dynamics of the street. It does not automatically mean the home is underpriced, but it is a notable point for comparison.
3. How does the living area compare to nearby homes?
The living space is a standout feature. At 1,962 sqft, it ranks above average for both the broader Grassie area and Winnipeg overall, offering more interior room than many comparable properties.
4. What is the significance of the home being built in 2008?
A 2008 build means the home is relatively modern, likely incorporating contemporary building standards and materials. It avoids the major systemic issues sometimes found in much older homes, while still being established within a mature neighborhood.
5. Where can I find the exact historical sold price?
The exact sold price data is not publicly displayed. You can request it directly via the email prompt on the listing page. The service provides accurate figures manually and does not use submitted emails for unsolicited marketing.