Property Overview & Key Characteristics
This two-storey family home in Elmhurst offers a well-rounded package on a generous 5,400 sqft lot. Its key appeal lies in a combination of space, established charm, and desirable amenities. The 1,616 sqft interior is complemented by a finished basement, providing flexible living space. Notable features include a private in-ground pool and an attached garage. Built in 1983, the home is notably newer than most on its street and in the broader Winnipeg area, suggesting potentially fewer major age-related concerns compared to older stock.
The property would suit a practical buyer looking for a move-in ready family home in a mature neighbourhood. It’s ideal for those who value outdoor living and entertainment, thanks to the pool and large yard, and who appreciate a home that ranks well for its size and modern age relative to local comparisons. It represents a solid opportunity for buyers seeking a balance between established community character and a home that isn’t the oldest on the block.
Frequently Asked Questions
1. What is the neighbourhood like?
Elmhurst is a mature, established neighbourhood in Winnipeg. The high ranking of this home's lot size and age within the street suggests it is among the larger, newer properties on a street of varied homes, offering a sense of space and relative modernity.
2. Are there any concerns with a 1983 build?
While 40+ years old, this home is newer than 98% of houses on its street. This is a positive indicator, but a thorough inspection remains crucial to assess the specific condition of the roof, windows, and major systems, which are likely in a phase of life where updates or maintenance may be planned.
3. How does the assessment value relate to the asking price?
The municipal assessment is $470,000, which places the home in the top quarter of values locally. This can be a useful benchmark, but the final sale price is determined by the current market, condition, and features like the pool, which may not be fully reflected in the assessment.
4. What are the ongoing costs like?
Beyond typical utilities and taxes, prospective buyers should budget for the maintenance and seasonal care required for an in-ground pool, as well as potential energy costs associated with heating a pool and a home of this size and era.
5. How does the finished basement add value?
The finished basement effectively increases the usable living area, offering flexibility for a recreation room, home office, or guest space. It adds functional value, but it's wise to check the quality of the finish and ensure it meets your needs.