Property Overview
This 1996-built, two-storey home in Elmhurst presents a balanced offering for those seeking established comfort with above-average space. Its key appeal lies in its generous proportions relative to many Winnipeg homes, featuring nearly 1,900 sqft of living space and a 6,600 sqft lot, both ranking in the top 20% citywide. The home includes a finished basement and an attached garage. Its assessed value of $587,000 places it in the top 8% of Winnipeg properties, indicating strong official valuation for its size and area.
The property suits buyers prioritizing interior space and lot size over a brand-new build. It’s ideal for a growing family looking for move-in-ready functionality in a mature neighbourhood. A thoughtful perspective is its "middle-ground" age: major components are likely updated from original, avoiding the immediate systems-replacement costs of much older homes, while the neighbourhood's maturity offers settled greenery and established community character that newer subdivisions cannot.
Frequently Asked Questions
1. How does the home's age affect its condition and value?
Built in 1996, the home is 30 years old. This typically means core components like the roof, windows, and major systems may be at or beyond their typical lifespan and could require inspection or future investment. However, its assessed value ranks very highly, suggesting these factors are already considered, and the age has allowed the property to appreciate in a well-established area.
2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, broader Elmhurst community, and all of Winnipeg. For example, ranking in the "top 20%" citywide for lot size means 80% of Winnipeg homes have a smaller lot. This provides quick, relative context for its key metrics.
3. Is the finished basement included in the listed 1,908 sqft living area?
Typically, the main "living area" (sqft) quoted for Canadian homes refers to above-grade, finished space. The finished basement is an additional asset, providing extra usable rooms or recreational space not reflected in that primary square footage figure.
4. Who would this home not be suitable for?
It may not suit buyers seeking a ultra-modern, low-maintenance property or those wanting to avoid any potential updates to 30-year-old fixtures, appliances, or building envelopes. It also lacks a pool, which some buyers may desire.
5. Does the high assessment value mean the property taxes will be very high?
A higher assessment generally leads to a higher property tax bill, as taxes are calculated using the assessed value. Prospective buyers should budget accordingly, though the exact tax amount depends on the final municipal tax rate.