Property Overview
This one-and-three-quarter storey home on Cunnington Avenue in Elm Park presents a classic Winnipeg character home with notable modern updates. Built in 1927, it sits on a generous 5,199 sqft lot that ranks well above average for its immediate street. The 1,242 sqft living space is typical for the area, but the home’s appeal is anchored by its fully renovated basement and a detached garage. Its assessed value is strong for the neighbourhood, suggesting above-average finishes, condition, or desirability compared to nearby properties.
The home suits buyers looking for the established charm and larger lot sizes found in mature neighbourhoods, but who also value the move-in readiness that comes with a renovated lower level. It would particularly appeal to small families, couples, or downsizers seeking a manageable footprint without sacrificing yard space or character. A less obvious angle is its potential for a home office or separate living space in the finished basement, offering flexibility that newer homes in this size range often lack.
Key Questions for Consideration
1. What does "above average assessed value" for the street indicate?
This typically reflects that the property has been updated or is in better condition than many neighbours. The renovated basement is a key contributor, but it's wise to verify what other interior or exterior improvements justify the valuation.
2. Are there any concerns with a home built in 1927?
While the basement has been renovated, the main structure is nearly a century old. Prospective buyers should prioritize a thorough inspection of fundamental systems like wiring, plumbing, and the foundation to understand any needed maintenance or updates.
3. How does the lot size compare, and what are the implications?
The lot is notably larger than many on Cunnington Avenue, offering more private outdoor space. This is a lasting advantage that isn't easily changed. However, it may also mean a higher proportion of maintenance or landscaping responsibility compared to properties with smaller yards.
4. What is the context of the 2017 sale price?
The home sold for $315,000 in mid-2017. This figure is a useful benchmark, but the market and the property itself (via the basement renovation) have likely evolved significantly since then. It should not be used as a direct indicator of current value.
5. What should I know about the detached garage?
A detached garage offers flexibility and can reduce noise transfer to the main house. Consider its condition, size, and access. For some, it's a premium feature; for others, the walk to the car in winter is a practical downside compared to an attached option.