Property Overview & Key Characteristics
This two-storey home in Elmhurst offers a well-established, spacious family environment on a large, mature lot. Its primary appeal lies in its generous proportions—both the 2,181 sqft living space and the 7,358 sqft lot size rank in the top tiers for the community and the wider city. A finished basement and an attached garage add to its functional layout. Built in 1990, the home is newer than most in Winnipeg, suggesting potentially fewer immediate major updates compared to older stock. The property’s value is underscored by its assessment, which places it well above average for the area.
The home is ideally suited for buyers seeking space and established neighborhood character over brand-new construction. It would fit a growing family needing room to spread out, or someone looking for a property with above-average lot size in a mature area. The strong rankings across metrics indicate a solid, competitive property within its market segment, appealing to those who prioritize statistical value and long-term stability.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics like size, age, and assessed value. For example, being newer than 75% of Winnipeg homes indicates a relatively modern build, while its living area being larger than 94% of city homes highlights its standout spaciousness.
2. What does the lot size mean for a buyer?
At over 7,300 sqft, the lot is significantly larger than average. This offers ample private outdoor space for gardening, play, or entertaining, and provides a greater sense of privacy and potential for future additions like a deck or shed, which can be harder to find on newer subdivisions.
3. The home ranks lower on its street for size and value. Should I be concerned?
Not necessarily. This specific street appears to consist of larger, valuable homes, making it a high-caliber peer group. Ranking in the 75th percentile on the street for value actually means it's among the top quarter most valuable properties on that block, which is a positive indicator of the immediate surroundings.
4. What are the implications of the 1990 build year?
A home from this era often benefits from modern construction standards compared to mid-century builds, while also being past the stage of initial "shrink-swell" settling. Buyers should still have standard inspections for era-appropriate systems like the roof, windows, and HVAC, which may be nearing or have undergone planned replacements.
5. Why is the finished basement an important feature?
A finished basement effectively adds usable living space beyond the listed square footage, which is already substantial. This space is highly flexible, serving as a recreational room, home office, or guest area, and increases the home's functional utility without expanding its footprint.