Property Overview & Key Characteristics
This two-storey home in Elmhurst offers a practical, established family living environment. Built in 1992, it sits on a generous 5,191 sqft lot, providing ample outdoor space that is increasingly rare in newer subdivisions. The 1,476 sqft living area includes a finished basement, adding valuable functional space, and is complemented by an attached garage.
Its primary appeal lies in its balance of space, location, and value within a mature neighbourhood. The home ranks notably well for its newer build year compared to much of Winnipeg, suggesting a potentially more modern infrastructure than older stock. It would suit first-time buyers or growing families looking for a move-in-ready home with room to grow, without the premium of a brand-new build. A thoughtful perspective is that while its interior size ranks average for the area, the larger-than-typical lot offers a private outdoor retreat and future potential, which is a significant asset not immediately reflected in square footage rankings.
Frequently Asked Questions
1. How does the 2019 sale price compare to the current assessment?
The home sold for $420,000 in August 2019. The current assessed value is $480,000, which reflects market changes and municipal assessment models over that five-year period.
2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, being newer than 76% of Winnipeg homes indicates it’s a relatively modern build city-wide, while its larger lot size is a standout feature on its specific street.
3. Is the basement included in the 1,476 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional area, adding functional rooms without increasing the official square footage calculation.
4. What is the neighbourhood like?
Elmhurst is a mature, established neighbourhood in Winnipeg. This suggests tree-lined streets, developed amenities, and a settled community feel, as opposed to a brand-new development.
5. Why is the lot size considered a key feature?
At over 5,000 sqft, the lot is substantially larger than many modern infill properties. This provides more privacy, yard space for recreation or gardening, and could be a factor for future expansion, subject to local zoning.