Property Overview
This 2014 bi-level home at 800 Talbot Avenue in East Elmwood presents a compelling mix of modern convenience and practical living. Its key appeal lies in being a relatively new construction in a neighbourhood of predominantly older homes, offering move-in readiness with a renovated basement. With 926 sqft of living space, it sits around the average size for its immediate area, making it a comfortable fit for small families, couples, or first-time buyers. The property stands out for its above-average assessed value on its street and in East Elmwood, suggesting a perception of solid quality or desirability within the local context. However, the lot size is notably smaller than most in the area, which translates to minimal exterior maintenance but less private outdoor space. This home would suit buyers looking for a modern, low-maintenance property without the worries of an aging structure, and who prioritize interior updates and efficient living over a large yard.
Frequently Asked Questions
1. How does the age of this home compare to others nearby?
Built in 2014, this home is significantly newer than most in the area. It ranks in the top 3% for year built on its street and top 2% in East Elmwood, where the average home was built in the 1940s and 1950s.
2. Is the lot size a concern?
The land area is 2,313 sqft, which is smaller than the vast majority of lots on the street and in the wider neighbourhood. This means lower maintenance but also limited potential for expansions like large decks, sheds, or extensive landscaping.
3. What does the above-average assessed value indicate?
While its assessed value is below the citywide average, it ranks above average for Talbot Avenue and East Elmwood. This often reflects factors like its newer construction, renovations, or specific location advantages within the community.
4. Who would this property be best suited for?
It’s an ideal fit for first-time homebuyers, downsizers, or investors seeking a modernized, low-maintenance property. The bi-level layout with a renovated basement offers good separation of living and sleeping areas, appealing to small families or those who work from home.
5. How does the living space compare?
At 926 sqft, the living area is close to the average for similar homes on Talbot Avenue (~997 sqft) and in East Elmwood (~1,065 sqft). It provides a practical amount of space, though it is more compact than the typical Winnipeg home.