Property Overview: 109 Cunnington Avenue, Elm Park, Winnipeg
Key Characteristics & Appeal
This two-storey home in Elm Park is defined by its generous scale and modern foundation within a well-established neighborhood. Its primary appeal lies in its substantial 2,527 sqft of living space, which ranks in the top 2-3% compared to homes on its street, in Elm Park, and across Winnipeg. This places it as a notably spacious offering in a city where average home sizes are significantly smaller. Complementing the interior space is a renovated basement and an attached garage. The home is relatively newer for the area, built in 1972, which suggests modern construction standards and likely fewer major upkeep concerns compared to many of its century-old neighbors.
The property suits buyers seeking space and move-in readiness without the character-home maintenance often found in older core neighborhoods. It’s ideal for a growing family that needs multiple bedrooms and living areas, or for professionals who desire a home office and room to entertain. A thoughtful perspective is its value proposition: while the land parcel is average for the area, the premium is clearly placed on the substantial, modern living space. This makes it less suited for someone prioritizing vast outdoor potential or lot size above all else, but perfect for those who value interior volume and contemporary layout.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in May 2021 for $580,000. Its current assessed value is significantly lower at $58,800. It is crucial to consult with a real estate professional for a current market valuation, as assessed value for tax purposes often differs substantially from actual market value.
2. Is the lot size a disadvantage?
At just over 5,000 sqft, the lot is average for Elm Park and slightly below average for Cunnington Avenue itself. This means smaller yards compared to some neighbors, but also less maintenance. It is a typical urban lot, not suited for extensive additions or sprawling gardens, but perfectly adequate for patios, play sets, and landscaping.
3. What does "Elite" or "Top X%" ranking mean for living area?
These rankings directly compare this home to specific groups of "comparable homes." Being in the top 2-3% for living area means it is larger than 97-98% of the homes it's compared to on its street, in the neighborhood, and citywide. This is its most standout statistical feature.
4. How does the 1972 build year affect the home?
Built in 1972, the home is newer than most in Elm Park, where many homes date to the early 1900s. This can mean more modern electrical, plumbing, and insulation standards. However, it may also place it in an era where specific materials (like certain types of plumbing or insulation) were used, so a thorough inspection is always recommended.
5. Are the property taxes likely to be high?
Property taxes are based on the assessed value. While the assessed value listed here is not indicative of market price, its "above average" to "elite" ranking for assessed value among comparable properties suggests that, relative to similar homes in its immediate peer group, the tax assessment is on the higher side. The exact tax bill should be verified.