Property Summary: 114 Woodfield Bay, Elmhurst, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1981, presents a solid, average-sized option in the Elmhurst neighbourhood. With 1,217 sqft of living space and a recently renovated basement, it offers functional living on a standard 4,798 sqft lot. Its assessed value is positioned moderately within the city, suggesting a price point that aligns with its practical offerings rather than luxury features. A detached garage provides utility storage or parking.
The primary appeal lies in its grounded, no-surprises profile. It’s a home that ranks consistently around the average for its immediate street and area in terms of size, value, and lot, indicating it fits seamlessly into a stable, established community. Notably, it is newer than many homes on its own street, which can be a subtle advantage for systems and structure. It would suit first-time buyers or practical-minded homeowners seeking a straightforward property without extreme highs or lows—a manageable entry into the Winnipeg market with room to personalize. Its last sale was in 2020, so the next owner may benefit from some renewed equity.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Elmhurst?
The home is very typical for its specific street in terms of living area and value. However, its lot size is notably smaller than the Elmhurst area average, meaning you get less yard space than many neighbours, but the home itself is comparably sized.
2. Is the assessed value a good indicator of the likely sale price?
The assessed value ($40.80k) is for taxation purposes and is not a market price. The home last sold for $370k in 2020. Market conditions, the renovated basement, and the home's condition will determine the sale price.
3. What are the pros and cons of a 4-level split layout?
Pros include defined separation between living and sleeping areas, often with a family room on its own level. Cons can involve more stairs, which may not suit everyone, and sometimes smaller, segmented rooms compared to an open-concept design.
4. The home is “newer” than others on the street. What does that mean?
Built in 1981, it ranks in the top 22% for age on Woodfield Bay. This suggests many neighbouring houses are older, so this property might have relatively younger major components like roofing, windows, or foundation, though individual condition always varies.
5. What is the neighbourhood like?
Elmhurst is a mature, established area. The data shows homes here generally have larger lot sizes city-wide, but this particular property offers a more standard-sized yard, which could mean less maintenance.