Property Summary: 12 Woodchester Place
Key Characteristics & Appeal
This is a well-established, two-storey family home in Elmhurst, built in 1983. Its key strength lies in its above-average proportions and mature setting, featuring a generous 6,058 sqft lot and 1,620 sqft of living space, including a finished basement. The home presents a practical layout with an attached garage.
Its appeal is rooted in its solid, competitive standing within the broader market. The data indicates it outperforms a majority of Winnipeg homes in terms of lot size, living area, and assessed value, suggesting a property that offers more space for the price than many alternatives. Notably, it ranks highly for its age within its immediate street, meaning it is one of the newer homes in that specific location—a less obvious point that adds to its durability and potential for modern features.
This home would best suit buyers looking for a move-in-ready, spacious property in a mature neighbourhood without the premium of a brand-new build. It’s ideal for a family seeking room to grow, or for someone who values a larger, private yard and the stability of an established community.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking in the "top 29%" for lot size in Winnipeg means 71% of city homes have a smaller lot, highlighting this home's above-average outdoor space.
2. Is a 43-year-old home a concern?
While systems will require ongoing maintenance, the home ranks as one of the newest on its street (top 3%), suggesting it may have had fewer owners and more consistent updates compared to immediate neighbours.
3. How does the finished basement factor into the living space?
The listed 1,620 sqft is the above-grade living area. The finished basement provides additional usable space, which is a valuable bonus for recreation, guests, or storage, but is not included in the official square footage calculation.
4. The community ranking for size is lower than the city ranking. Why?
This indicates that while the home is quite spacious compared to all of Winnipeg, the specific Elmhurst neighbourhood contains many similarly large or larger homes, making it a competitive local market for space.
5. What is the significance of the assessed value?
The $471,000 assessment is the city's estimate of its value for tax purposes. It consistently ranks in the top 22-38% across all categories, confirming the property is considered well above average in value, which generally supports a strong market price.