Property Overview & Key Characteristics
This 1984 four-level split home in Elmhurst sits on a generous, mature lot of nearly 6,000 square feet. With 1,690 square feet of living space, it offers a practical layout over multiple levels, a feature common in its era that provides distinct zones for living, sleeping, and recreation. The home includes a basement (currently unfinished, offering potential for future customization) and an attached garage.
Its primary appeal lies in its established neighborhood setting and its above-average lot size, which ranks well within both the local area and the wider city. The home presents a solid, grounded opportunity. It would suit practical buyers—perhaps first-time homeowners, small families, or investors—who value space and potential over turn-key perfection. This is a property for someone comfortable with a home that has a history and who sees value in the foundation: a large yard in a mature community, with the interior offering a canvas for gradual updates to suit personal taste.
Frequently Asked Questions
1. What are the advantages of a four-level split design?
This style efficiently separates living areas, often placing common rooms on one level, bedrooms on another, and creating flexible spaces on the remaining levels. It can offer more privacy than an open-concept bungalow and makes a manageable footprint feel larger.
2. What does the "unfinished basement" entail?
The basement has been excavated and included in the foundation but has not been developed into living space. It provides essential utilities and significant storage or future expansion potential, but any finishing (like adding bedrooms, a bathroom, or a rec room) would be a project for the new owner.
3. How should I interpret the property rankings provided?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for metrics like lot size, age, and assessed value. For example, ranking in the "top 35%" for lot size in Winnipeg means 65% of city lots are smaller, highlighting one of this property's key strengths.
4. The home was built in 1984. What should I consider?
Homes from this period are often past their original roof, windows, and major mechanical systems. A thorough inspection is crucial to understand the condition and remaining lifespan of these components, which will be key to budgeting for ongoing maintenance or immediate updates.
5. Why is there a difference between the assessed value and the listing price?
Municipal assessments are for taxation purposes and use mass appraisal techniques, often lagging behind the current market. The listing price reflects the seller's expectation based on recent sales of comparable homes, current demand, and the home's specific condition. The two numbers are calculated differently and rarely match exactly.