Property Overview: 119 Woodchester Bay, Elmhurst, Winnipeg
Key Characteristics & Appeal
This 1985-built, one-storey home sits on a generous 4,905 sqft lot in Elmhurst. Its key characteristics include a fully finished basement, an attached garage, and 1,120 sqft of living space. The appeal lies in its balance of established comfort and relative value within its immediate area. While the home's size is modest compared to others on the street, it stands out for being one of the newest constructions in the neighbourhood—newer than 98% of houses on its street. This suggests updated core systems and potentially lower immediate maintenance needs than older peers.
The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a mature community. It also appeals to value-oriented buyers who prioritize a large lot with established landscaping over sheer interior square footage. The rankings indicate it offers a competitive entry point into the street and a solid position within the broader Winnipeg market, representing a practical choice over a flashy one.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in specific areas. For example, being newer than 98% of houses on its street is a significant advantage, while its living area is smaller than about two-thirds of its immediate neighbours, confirming its character as a compact bungalow.
2. Is the finished basement included in the 1,120 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-ground, finished space. The fully finished basement is an additional asset, providing extra flexible space not reflected in that main square footage figure.
3. How does the assessment value relate to the likely listing price?
The municipal assessment of $409,000 is for tax purposes and is based on past market data. The final sale price will be determined by current market conditions, the home's specific condition, and buyer demand.
4. What are the pros and cons of a home built in 1985?
Pros include modern wiring standards (like aluminum wiring was phased out) and likely more energy-efficient construction than much older homes. Cons mean major components like the roof, windows, or HVAC system may be nearing the end of their typical lifespan and could require attention.
5. Why is the lot size a notable feature?
At nearly 5,000 sqft, the lot is larger than the home's footprint would suggest. This offers valuable outdoor space for gardening, recreation, or future expansion (subject to zoning), which is a premium in mature neighbourhoods and not always found with homes of this size.