Property Overview: 330 Milford Street, East Elmwood, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1959, presents a compelling blend of space, value, and established neighborhood character. Its primary appeal lies in its generous 2,040 sqft of living area, which is notably larger than most homes in both East Elmwood and the wider city, offering ample room for a growing family or those who value spacious interiors. The property sits on a 5,410 sqft lot, providing a good balance of yard space without excessive maintenance. A key feature is the renovated basement, adding functional living space. The home is complemented by a detached garage.
The data reveals a thoughtful perspective: this property represents above-average value within its immediate community. While it ranks around the middle for size on its own street, it stands in the top tier for assessed value in East Elmwood, suggesting it is a well-regarded asset in the area. Its recent sale price further confirms its strong market position. This home would suit buyers looking for a move-in ready, spacious character home in a mature neighborhood, who appreciate a property that outperforms local averages in terms of investment and living space.
Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
It is significantly larger than the East Elmwood average, ranking in the top 8% for living area locally. On its specific street, it is slightly above the average size of comparable homes.
2. What does the assessed value ranking indicate?
The assessment ranks in the top 1% for East Elmwood and top 6% on Milford Street. This typically suggests the property is viewed as a higher-value asset relative to many nearby homes, which can be positive for equity.
3. Is the lot size typical?
Yes. The lot is slightly above average for East Elmwood but is generally in line with typical city and street dimensions, offering a standard urban yard.
4. The home sold recently in 2025. What does the prior 2020 sale price indicate?
The significant increase in sale price from 2020 to 2025 reflects strong market appreciation and likely correlates with the renovations done to the basement and general property improvements during that period.
5. What is less obvious about this property’s position?
While it's a larger home for the area, its year built is also newer than many in East Elmwood. This combination of relatively more modern construction (for the neighborhood) and generous square footage is a distinctive advantage not always available in mature communities.