Property Overview: 111 Brittany Drive
Key Characteristics & Appeal
This 1984-built, two-storey home in Elmhurst sits on a large, approximately 5,861 sqft lot. Its key features include a fully finished basement and an attached garage. With 1,668 sqft of living space, it offers above-average roominess for Winnipeg, ranking within the top 20% of homes citywide for size. The property presents a compelling value proposition, as its current assessed value ranks even higher, within the top 17% citywide, suggesting significant equity potential or a desirable price-to-assessment ratio.
Its appeal lies in its established, mature neighbourhood setting combined with generous interior and exterior space. The home suits buyers looking for a solid, move-in-ready family home in a quiet area without the premium of a brand-new build. It’s particularly well-suited for those who prioritize lot size and finished living space over a recently constructed property, and for value-focused buyers who see opportunity in a home with a strong assessment foundation in a stable community.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for metrics like lot size, age, living area, and assessed value. For example, ranking in the "top 20%" for living area in Winnipeg means 80% of city homes are smaller, indicating this is a spaciously sized property.
2. The home is 42 years old. What should I consider?
While the home is well-established, a key focus should be on the major systems (roof, windows, furnace) and whether they have been updated over time. The fully finished basement is a plus, but it's wise to check for any signs of moisture or foundational upkeep common in homes of this era.
3. How does the lot size benefit me?
At nearly 6,000 sqft, the lot offers ample private outdoor space for gardening, play, or entertaining. It also provides a greater sense of privacy and room for potential future additions like a shed or deck, compared to newer subdivisions with smaller lot footprints.
4. The assessment is higher than many nearby homes. Is that good?
A higher assessment relative to the neighbourhood can be a double-edged sword. It often reflects the home's desirable attributes (like its size and finished basement), suggesting strong intrinsic value. However, it's important to verify current property taxes, as they are based on this assessment.
5. Who would this home not be ideal for?
This property may not suit buyers seeking a modern, open-concept layout or a brand-new, low-maintenance home. Those preferring a newly built area or who are uncomfortable with the potential for older-home repairs might find a newer build more suitable.