Property Overview & Appeal
This two-storey home in Elmhurst presents a compelling opportunity for buyers seeking space and established value. Built in 1986, its key characteristic is its generous 2,357 sqft of living area, which ranks in the top 4% of homes across Winnipeg, offering ample room for a growing or multi-generational family. The appeal lies in its combination of a large, 7,198 sqft lot, a finished basement, and an attached garage, all within a mature neighbourhood. The data suggests a home that is well above average in size and assessed value for its area, indicating a solid, substantial property.
It would suit buyers who prioritize interior space over a brand-new build and appreciate the character of an established community. The rankings show it outperforms most peers in size and value, making it a strong candidate for someone looking for a "forever home" with room to grow. A thoughtful perspective is that while the home is 40 years old, its above-average rankings for age in the community and city suggest it is well-maintained and situated among other enduring properties, offering stability rather than a fixer-upper project.
Key Questions for Consideration
1. What does the "finished basement" entail?
Given the age of the home, it's important to clarify the finish level, ceiling height, and whether any renovations comply with current building codes and permits.
2. How does the 1986 construction date impact major systems?
Prospective buyers should proactively investigate the age and condition of major components typical for this era, such as the roof, windows, plumbing, and electrical, to anticipate potential updates.
3. The lot is large, but how is it oriented and landscaped?
The 7,198 sqft lot is a significant asset. Understanding its sun exposure, current landscaping, privacy, and how the space is functionally used would be valuable.
4. The assessment value is high for the area. What's behind that?
While the high assessment (top 8% in Winnipeg) reflects official valuation, buyers should explore how recent market sales in the immediate vicinity compare to the asking price to gauge the current market position.
5. The home ranks highly for size but lower for age on its street. What's the street's character?
Ranking in the top 44% for age on its specific street suggests a mix of newer and older homes. This could indicate a street in transition or one with varied styles, which is worth experiencing in person to understand the streetscape dynamic.