Property Overview & Appeal
82 Grassington Bay is a well-established home in Winnipeg's Meadowood neighbourhood, built in 1977. Its key characteristic is its consistency within its immediate context. The 988 sqft living area, 5,298 sqft lot, and assessed value are all squarely around the average for Grassington Bay and the broader Meadowood area. This presents a home that is neither the largest nor the smallest on the block, offering a sense of fitting in without standing out.
The appeal lies in this very stability and the potential it represents. For its street, it is a newer build (ranking in the top 23%), which may suggest updated infrastructure or a modern layout compared to some neighbours. Its last known sale was between $300k-$350k in 2019, positioning it as a potentially accessible entry point into a mature community. The lot size provides a decent outdoor space typical of the area.
This property would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a established neighbourhood over a brand-new build. It’s for someone who sees a home that is comfortably average in its setting as a blank canvas, where value can be added through personal updates over time rather than paying a premium for a fully renovated property.
Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
While its living area is typical for Meadowood, it is below the city-wide average for Winnipeg homes. This reflects the character of its specific neighbourhood and may contribute to a more manageable and efficient footprint for maintenance and utilities.
2. What does the assessed value tell me about the property taxes?
The assessed value is for municipal tax purposes and is not a market valuation. At $37,600, it is consistent with similar homes in the area. You can use this figure with the City of Winnipeg's tax rate to estimate annual property taxes.
3. The home was built in 1977. What should I consider?
A home of this age may have had several major components, like the roof, windows, or furnace, updated over time. A key part of due diligence would be to ascertain the age and condition of these systems to budget for any potential near-term replacements or updates.
4. The sold price history shows a range. How can I get the exact figure?
The exact sold price is not publicly listed in Manitoba. The listing service provides the price range shown. You can request the precise historical sale price by emailing the site administrators, who manually provide the data.
5. How does the lot size impact future possibilities?
At just over 5,000 sqft, the lot is very standard for the area. It provides adequate private outdoor space but may have specific zoning restrictions or bylaws regarding expansions, additions, or outbuildings. Checking the City’s zoning guidelines would be important for any future renovation plans.