Property Overview
This 1983-built bungalow on a large, 9,279 sqft lot in Elmhurst offers a practical and spacious family living environment. Its key appeal lies in its generous, above-average land size, which ranks within the top 8% of its street and top 14% of the wider Elmhurst community. The home features 1,366 sqft of living space, a finished basement, and an attached garage. While the interior space is modest relative to the lot and the home's assessed value is positioned in the middle range for the area, the property's standout characteristic is its significant outdoor potential. It would particularly suit buyers who prioritize a large yard for gardening, recreation, or future expansion over a brand-new or highly modernized interior. It's a solid choice for families, DIY enthusiasts, or those seeking a home where the land itself is a primary asset.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings show this property excels in lot size compared to its neighbors, placing it in the top tier locally. However, its living area and assessed value are more average or below average for the immediate area, indicating the premium is likely for the land.
2. Is the finished basement included in the 1,366 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional space, adding functional rooms without increasing the official living area figure.
3. What are the implications of a 43-year-old bungalow?
Expect a home that may need updates to mechanical systems, windows, or interior finishes. The bungalow style is ideal for aging in place or avoiding stairs, but a thorough inspection is crucial to understand the condition and any upcoming maintenance.
4. Why is the assessed value ranking lower than the lot size ranking?
This suggests the municipal assessment reflects the current state and size of the home itself more than the land's potential value. There may be an opportunity to increase the property's total value through renovations or additions, leveraging the large lot.
5. What is the neighborhood feel of Elmhurst?
As an established community with homes from the 1980s, Elmhurst likely offers mature trees, settled streets, and a mix of long-term residents. It provides a balance of suburban space while remaining within Winnipeg's services and amenities.