Property Overview: 87 Terry Scott Bay, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home, built in 2014, offers a practical and modern living space of 1,357 sqft on a generous 6,144 sqft lot. Its key appeal lies in its relative newness and solid positioning within its market. While the living area is slightly below average for its immediate street, the home is newer than most in the broader Grassie area and citywide, potentially meaning fewer major maintenance concerns in the near term. The recently renovated basement adds functional living space. With an attached garage and a lot size that is above average for Winnipeg, it provides a balanced suburban lifestyle.
The property’s data suggests it suits buyers looking for a move-in ready, modern home without the premium of a brand-new build. It would particularly appeal to downsizers or first-time buyers seeking a manageable single-level layout, or to those who value a newer construction year within an established neighbourhood. A thoughtful perspective is that this home represents a "middle ground"—it’s not the largest on the block, but its newer age and renovated basement offer a different kind of value compared to older, larger homes that may require more updating.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,357 sqft, the living area is moderately sized. It is slightly below the average for homes on Terry Scott Bay itself but is very close to the average size for a home across the entire city of Winnipeg.
2. What does the "Elite" ranking for Year Built in Grassie mean?
This indicates the home, built in 2014, is newer than approximately 96% of comparable properties in the Grassie area. It is a distinctly modern property in its local context.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is one data point. The recent sold price history (showing a range of $535,000 to $565,000 in late 2024) is a more direct indicator of current market value, though conditions can change.
4. What are the implications of having a renovated basement?
A renovated basement adds immediate usable living space without the need for a major project. It’s important to verify the quality of the renovation, whether permits were obtained, and how the space is suited to your needs (e.g., as a rec room, suite, or office).
5. Who would this property not suit?
Buyers seeking a very large interior living space or a brand-new, custom-built home may find this property too compact or standard. Similarly, those prioritizing a home that is a top-tier size leader on its specific street might look elsewhere.