Property Overview: 76 Sunset Boulevard, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in the established Elm Park neighbourhood presents a compelling mix of character and modern updates. Its key strength is its above-average living space (1,395 sq. ft.) for both its immediate street and the Elm Park area, offering more room than many comparable homes. The basement has been renovated, adding functional living area. A detached garage provides flexible storage or workshop space.
The appeal lies in its position within a desirable, mature neighbourhood, coupled with a home that has been thoughtfully maintained and updated. The data suggests it is a solid, above-average property within its local context, particularly in terms of living space and assessed value for the street. It would suit buyers looking for a character home in a prime location without needing to undertake major renovations, and who value efficient, usable space over a large lot size. A thoughtful perspective is that while the land parcel is smaller than most in Elm Park, this can translate to less exterior maintenance while still providing access to all the neighbourhood's amenities and mature charm.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than the average for Elm Park, the property makes efficient use of its space with a renovated basement and a detached garage. This may appeal to those seeking lower yard maintenance.
2. What does the assessed value indicate?
The assessed value is above average for Sunset Boulevard itself, suggesting the property is considered a higher-value home on its street. It is around the neighbourhood and city average, indicating a market-aligned valuation.
3. Is the home’s age a concern?
Built in 1941, the home is older than the city average but is typical for the Elm Park area. The renovated basement shows updates have been made, but a thorough inspection is always recommended for homes of this era.
4. How do the past sale prices inform current value?
The home sold in 2022 and 2016. The increase between those sales and its current assessed value can indicate market trends, but the current value will be determined by present-day market conditions and the property's updated state.
5. How does it compare to the reference property at 88 Sunset?
This home at No. 76 offers nearly 200 more square feet of living space, a slightly higher assessed value, and was built eight years earlier than the reference property at No. 88, providing useful context for the block.