Property Overview
This 1989 two-storey home in Elmhurst offers a well-established and spacious family living environment. Its key appeal lies in its generous proportions, both in the 2,192 sqft finished living space and the large 8,568 sqft lot, providing ample room indoors and out. The property ranks highly within Winnipeg for its above-average living area and lot size, placing it in the top tiers of the local market. With a finished basement and an attached garage, it presents a practical, move-in-ready layout. The home’s established nature in a mature neighbourhood suggests a settled streetscape and likely developed landscaping.
It would suit buyers looking for space and value in a mature area, particularly growing families who prioritize room over a brand-new build. It also appeals to those seeking a property with strong fundamentals—large lot, above-average square footage—that has potential for future updates to personalize. A thoughtful perspective is that while the 1989 build date means systems and components may be due for proactive maintenance or updates, this also often translates to more character and established gardens compared to newer subdivisions.
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 size and age. For example, being in the top 9% of Winnipeg for lot size means it has a larger yard than 91% of properties in the city, a significant advantage for privacy or outdoor space.
2. Is the assessment value the same as the list price?
No. The assessment value ($586,000) is used for municipal tax purposes. The list or sale price is determined by the current market and can be higher or lower than this figure.
3. What are the considerations with a 37-year-old home?
While offering established charm and mature lot, a home of this age will have components, such as the roof, windows, HVAC, and plumbing, that are at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and plan for any necessary updates or maintenance.
4. What are the benefits of a lot this size in this area?
A nearly 8,600 sqft lot in a mature neighbourhood like Elmhurst is a considerable asset. It offers extensive backyard space for recreation and gardening, greater privacy from neighbours, and future potential for additions like a deck, shed, or even a secondary structure, subject to local bylaws.
5. Does a "finished basement" mean it's a legal suite?
Not necessarily. "Finished" means it is developed into livable space, but it may not have a separate entrance, kitchen, or meet the specific fire and safety codes required for a legal secondary suite. Verification with local authorities would be needed if that is a requirement.