Property Overview: 101-1305 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, 744 sqft condo unit in the Rockwood neighbourhood, built in 1964. Its primary appeal lies in being an affordable entry point into the Winnipeg market, with an assessed value significantly below both the neighbourhood and city averages. The unit is notably smaller than most comparable homes in the area, which is reflected in its lower price point.
The property would best suit first-time buyers, downsizers, or investors seeking a low-maintenance, cost-effective housing solution. A less obvious perspective is its potential appeal to those who prioritize location and financial efficiency over space. While modest in size, its "Elite" ranking for year built within Rockwood indicates it is one of the newer buildings in that specific neighbourhood, which may suggest relatively newer building systems compared to immediate peers. The data shows consistent, stable value in recent sales, indicating a predictable, low-volatility investment rather than a high-growth asset.
Frequently Asked Questions
1. How does this property's size compare to others?
At 744 sqft, this unit's living area is below average for the street, neighbourhood, and city. It ranks in the top 78% on its street, meaning about 78% of comparable homes on Grant Avenue are larger.
2. Is the assessed value a good indicator of its price?
The assessed value of $169k is below the neighbourhood average of $205k and well below the Winnipeg average of $256k. Recent sold price data (within a $150k-$200k band) aligns with this assessment, suggesting it's priced for its smaller size and condo format.
3. What does the "Elite" ranking for year built mean?
Within the Rockwood neighbourhood specifically, this unit's 1964 build year ranks #1 out of 113 comparable properties. This doesn't mean it's a new build, but that it is newer than the neighbourhood average (also 1964), indicating many surrounding homes are older.
4. What can recent sales history tell me?
The unit sold in March 2021 and previously in May 2016, both within the $150k-$200k price band. This history shows price stability over a five-year period. Exact sold prices require a manual lookup request through the site.
5. Who are the immediate neighbours?
The listing shows several units at the same address (e.g., 102-1305, 103-1305 Grant Avenue), indicating this is a multi-unit condo or apartment building. This is important for understanding shared walls, common areas, and condo fees (which are not detailed in this data set).