Property Overview
This 1990 two-storey home in Elmhurst offers a well-established and spacious family living environment. Its key appeal lies in the combination of a large, mature lot (over 7,300 sq ft) and a generously sized, updated interior (2,198 sq ft), a pairing that can be harder to find in newer subdivisions. The home ranks notably high within Winnipeg for both its living space and assessed value, placing it in the top tiers of the market. It features a finished basement and an attached garage.
Its profile suits buyers looking for a move-in ready family home in a mature neighbourhood, who prioritize indoor and outdoor space over a brand-new build. It’s particularly appealing for those who value a property that stands out in its immediate area for size and perceived value, as indicated by its strong rankings against neighbours. A less obvious perspective is that a home of this age and size offers a clear canvas; while updated, it likely still holds potential for a new owner to personalize and add further value, especially given the substantial lot.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and across Winnipeg. For example, ranking in the top 14% in Winnipeg for lot size means 86% of homes in the city sit on smaller lots. It’s a quick way to see this home’s competitive strengths.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income potential.
3. What are the annual property taxes?
The assessed value is listed at $598,000. Taxes are not provided here but can be estimated using the City of Winnipeg’s current mill rate applied to this assessment figure.
4. How does the 1990 build year affect the home?
Homes from this era often feature more standardized modern construction (like 2x4 framing) and room proportions compared to much older stock, but will likely require due diligence on the condition of original major components, such as the roof, windows, and HVAC system, which may be nearing or past their typical lifespans.
5. Why is the lot size a significant feature?
At over 7,300 sq ft, the lot is substantially larger than many modern lots. This not only allows for more private outdoor space, gardens, or play areas but also provides a greater sense of setting and potential for future additions like a deck, shed, or even an expansion, subject to zoning.