Property Overview
This home at 79 Terry Scott Bay in Winnipeg's Grassie neighbourhood presents a compelling mix of space, modern updates, and established community value. Built in 2012, it offers a renovated basement and an attached garage on a generous lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average size and premium valuation within its context. With 1,880 sqft of living space, it is notably larger than most homes on its street, in Grassie, and across Winnipeg. Its assessed value places it in the top tier for the area, suggesting a home with finishes, condition, or features that are well-recognized. The renovated basement adds functional living space, and the lot size provides ample outdoor room relative to the neighbourhood.
It would suit buyers looking for a move-in ready, spacious family home in a mature area without the uncertainties of an older build. It’s particularly suited for those who value space over having the newest construction on the block, as it is one of the older homes on Terry Scott Bay itself, yet still modern compared to the city-wide average. This creates a less obvious dynamic: you get a contemporary home within a well-established streetscape, offering settled greenery and community character that newer subdivisions often lack.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification on the finishes, whether it includes a legal suite, added bedrooms, or simply updated living space.
How does being an older home on the street affect value?
While the home is newer than the Winnipeg average, it's among the older on its specific bay. This isn't necessarily negative; it often means the landscaping and neighbourhood are more established. The home's high assessed value indicates this age difference hasn't diminished its market standing.
Is the sold price history from 2020 relevant today?
The last known sale was in late 2020. While it provides a historical anchor, market conditions have since changed. The current assessed value is a more current indicator of its official valuation, but the final market price is determined by present-day demand.
What are the property taxes?
Property taxes are not listed but can be estimated using the City of Winnipeg's tax rate and the home's $603,000 assessed value. A precise figure should be obtained from the city or the seller.
How does the lot size compare for outdoor space?
At 6,558 sqft, the lot is above average for Grassie. This suggests good potential for gardening, recreation, or additions, though local zoning bylaws would dictate exact possibilities.