Property Summary: 104 Elm Park Road, Winnipeg
Key Characteristics & Appeal
This two-storey home in Elm Park is distinguished by its generous scale and premium valuation within a well-established neighborhood. Its primary appeal lies in offering substantial living space (2,289 sq ft) that ranks within the top 5% of homes locally, providing roominess that is uncommon for the area. The property holds an assessed value that places it in the elite tier of Elm Park, suggesting a perception of quality and desirability that outpaces most direct neighbors. A renovated basement adds functional, modernized space.
While built in 1952, its age is actually newer than many area comparables, offering a potential advantage in foundational upkeep. The lot size is standard for the neighborhood, prioritizing the home's footprint over expansive yard space. This property would ideally suit buyers looking for a move-in-ready, spacious family home in a prime pocket of Elm Park, who value above-average interior volume and established character over a brand-new build or a very large private lot. It also appeals to those who appreciate a home with a strong, recognized value position within its immediate community.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
The living area is a standout feature. At 2,289 sq ft, it is significantly larger than the average home on Elm Park Road (approx. 1,274 sq ft) and ranks in the top 5% for the street.
2. What does the "Elite" assessed value ranking mean?
The assessed value of $56.60k ranks in the top 2% on its street and top 4% in Elm Park. This indicates the property is valued much higher than most in the immediate area, often reflecting factors like size, condition, and desirability.
3. Is the lot size typical for the area?
Yes. At 5,313 sq ft, the land area is around the neighborhood average. The property’s emphasis is on the size of the home itself rather than an exceptionally large yard.
4. When was it last sold and for how much?
The home sold in April 2021 for $55.50k. This sale price was also in an elite tier (top 6%) for the street at that time, consistent with its high assessed value.
5. What are the less obvious considerations for a home of this age?
Built in 1952, it is newer than many area comparables (which average around 1941-1945 in Elm Park). This can be an advantage, but prospective buyers should still focus on the condition and age of major systems like plumbing, electrical, and the roof, which may have been updated over time. The renovated basement is a noted positive.