Property Overview: 21 Cunnington Avenue, Elm Park, Winnipeg
Key Characteristics & Buyer Profile
This one-and-a-half storey home in Elm Park presents a compelling blend of classic charm and solid fundamentals. Built in 1929, its 1,168 sqft living space is competitively sized for the area. A key, standout feature is the generous 6,235 sqft lot, which ranks in the top 3% on its street, offering rare outdoor space and potential for gardens, expansion, or simply privacy. The home benefits from a renovated basement, adding functional living area. While the house itself is of average size for the neighbourhood, its assessed value sits above average for the street, suggesting desirable attributes or updates not fully detailed in the metrics.
Its appeal lies in this balance: it’s a character home on a much larger-than-typical lot in an established neighbourhood. It would suit a buyer looking for a grounded, no-frills property where the land itself is a primary asset—perfect for those who value outdoor space over a sprawling interior. It’s also a sensible fit for someone comfortable with the maintenance of an older home but appreciative of a modernized basement. The recent sale history indicates active market interest, making it a property with recognized value in its community.
Frequently Asked Questions
1. What does the above-average assessment value on the street indicate?
It typically reflects the property’s combined attributes—like its premium lot size and renovated basement—as measured against immediate neighbours. It suggests the municipal assessment sees these features as adding significant value compared to other homes on Cunnington Avenue.
2. Is the larger lot mostly usable space?
While the data confirms the size, the layout, topography, and any easements would need verification via a site plan or viewing. A large lot can offer great potential, but its usability for specific plans (like an addition or garage) should be checked.
3. What are the implications of a home built in 1929?
It offers classic character and likely solid construction, but prospective buyers should prioritize inspections for aging components like plumbing, electrical, and the roof. The renovated basement is a positive update within this older structure.
4. How does the lack of a garage affect property value here?
On a lot of this size, the absence of a garage could be seen as an opportunity rather than just a drawback. There may be ample space to add a garage or a dedicated parking pad, subject to local zoning regulations.
5. The home sold relatively recently in 2022. What does that suggest?
The 2022 sale indicates a relatively short ownership period. While reasons vary, it’s prudent to inquire about the seller’s motivation and to review any improvements made during those two years to understand the full context.