Property Overview: 760 Mccalman Avenue, East Elmwood
Key Characteristics & Appeal
This two-storey home stands out primarily for its modern build date (2023) and generous living space. At 1,683 sqft, it offers significantly more interior room than most homes on its street, in East Elmwood, and across Winnipeg, placing it in the top tier for size. Its assessed value is also notably high for the immediate area, suggesting a premium, modern construction in a neighbourhood of older homes. The basement has been renovated, adding to the functional space.
The appeal lies in acquiring a like-new property without the wait of new construction, combined with the established, quiet setting of East Elmwood. It suits buyers looking for a modern, low-maintenance home with ample room, who appreciate being in a mature neighbourhood rather than a new subdivision. A thoughtful perspective is that while the lot is smaller than area averages, this translates to less yard upkeep, aligning perfectly with a desire for modern convenience. It’s an ideal fit for professionals, small families, or anyone seeking a turn-key home with contemporary finishes in a long-standing community.
Frequently Asked Questions
1. Is the property tax bill exceptionally high due to the assessed value?
While the assessed value is high for East Elmwood, it is considered above average city-wide. Taxes will be higher than older, smaller neighbours but are proportionate to a modern home of this size.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. A viewing is essential to determine if it’s a finished recreational space, contains additional bedrooms, or serves another purpose.
3. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should consider on-street parking availability and plan for alternative storage solutions for vehicles, tools, and seasonal items.
4. The home sold very recently in 2023. Why is it back on the market?
The quick resale could be due to many neutral reasons, such as a change in the owner’s job or personal circumstances. It does not inherently indicate a problem with the property.
5. The neighbouring homes are much older and have different values. How might this impact the property?
This creates a mixed-street dynamic. While you benefit from a new home, future resale value will be influenced by the overall neighbourhood trend, not just the newer homes. It also means immediate neighbours will have very different maintenance schedules and property aesthetics.