18 Sunset Boulevard

Property Overview: 18 Sunset Boulevard, Elm Park, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Elm Park is a classic, well-situated property built in 1940. Its key appeal lies in a combination of above-average positioning within its immediate neighbourhood and a recently renovated basement. With 1,023 sqft of living space, the house itself is modest and typical for the area, but it sits on a larger-than-average lot for Elm Park at 5,643 sqft, offering valuable outdoor space and potential.

The home’s assessed value ranks highly on its own street and is solid within the neighbourhood, suggesting it is viewed as a good relative value. This isn't a sprawling modern home; its charm is in being a grounded, established property in a mature community. It would suit first-time buyers looking for a manageable footprint with updated essentials, or downsizers seeking a single-level living layout (with the half-storey likely containing additional bedrooms). The generous lot size is a standout feature for gardeners, those who value privacy, or future planners, though it comes with the understanding that the main living areas are compact and characteristic of its era.

Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is above average for Sunset Boulevard and solid for the wider Elm Park neighbourhood, indicating it is considered a good performer within its local market context.

2. Is the lot size a significant advantage?
Yes. The land area of 5,643 sqft is notably larger than many lots on the same street and in Elm Park overall. This provides more yard space than is typical for comparable homes.

3. What should I know about the living space?
At 1,023 sqft, the living area is slightly below the city-wide average. Buyers should be prepared for a cozy, efficient layout that is very common for homes of this vintage in established neighbourhoods.

4. The home was built in 1940. What does that imply?
While the basement has been renovated, the core structure is 86 years old. Prospective buyers should budget for and expect maintenance consistent with a classic home, such as potential updates to windows, roofing, or original systems.

5. How does the last sale price relate to the current assessment?
The property sold in November 2017 for $33,500. Its current assessed value is $37,500. This increase reflects market changes over seven years and the assessed value for taxation, not necessarily a current listing price.