This 1983-built, one-storey home in Elmhurst offers a practical and spacious layout on a large, 6,565 sqft lot. Its key appeal lies in a combination of above-average size and established value within a mature neighbourhood. With 1,632 sqft of finished living space, including a developed basement, it provides ample room for a family. The property ranks highly for its lot size, living area, and assessed value compared to most of Winnipeg, suggesting a solid, well-proportioned offering. Its enduring appeal is its straightforward functionality: a manageable single-level layout paired with the private potential of a sizable yard. This home would suit buyers looking for a move-in-ready property without the premium of a new build, such as growing families seeking space or downsizers wanting single-level living without compromising on room for guests or hobbies. A thoughtful perspective is that while the home is 43 years old, its rankings indicate it is newer and more valuable than many of its local peers, offering a relative sense of modernity and equity in an established area.
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What does the "relative ranking" data actually mean?
It shows how this property compares to others in specific areas. For example, being newer than 98% of houses on its street is a notable advantage, suggesting less immediate concern for large-scale, street-wide infrastructure upgrades.
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Is the large lot a benefit or a burden?
Primarily a benefit for privacy, gardening, or expansion, but it does mean greater responsibility for maintenance (lawn care, snow clearing) compared to a smaller lot.
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Who might this layout suit best?
The one-storey design with a finished basement is ideal for those seeking minimal stairs in daily life, or for families who can use the basement as a separate rec room or teen space, effectively creating a split-level living area.
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What can the assessment value tell me?
The $482,000 assessment is a strong indicator of the city's appraisal for tax purposes and often correlates with market value. Ranking higher than 80% of Winnipeg homes places it in a solid equity position.
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Are there any obvious drawbacks from this data?
The data points to a home that is very typical for its broader community in several categories. Buyers seeking a standout, unique property or the very newest features may find it conventional, while those looking for a proven, stable family home in a mature area will see its strengths.