Property Overview: 14 Cathurst Place, Elmhurst, Winnipeg
Key Characteristics & Appeal
This 1980 two-storey home sits on a large, approximately 7,825 sqft lot in Winnipeg's Elmhurst neighbourhood. Its key features include a finished basement, an in-ground pool, and an attached garage. With 1,472 sqft of living space, it offers a comfortable footprint for a family.
The appeal lies in its established setting and generous outdoor space. The property ranks highly within Winnipeg for its above-average lot size and assessed value, suggesting a solid, premium offering in its market segment. The private backyard with a pool is a standout amenity for summer enjoyment. This home would suit buyers looking for a move-in ready property in a mature neighbourhood, who value space and privacy over a brand-new build. It's particularly well-suited for a family or entertainers who will make full use of the pool and yard, and for those who appreciate a home with a settled, established character in a community where it holds above-average value relative to the wider city.
Frequently Asked Questions
1. How does the age of the home (built in 1980) factor into maintenance?
While the home is well-established, prospective buyers should budget for updates to major aging components common for this era, such as the roof, windows, or HVAC system. A thorough inspection is recommended to prioritize any necessary work.
2. What is the real cost and responsibility of owning a pool?
Beyond the initial appeal, consider the seasonal opening/closing costs, ongoing chemical maintenance, increased insurance, and utility usage. The pool adds significant lifestyle value but also requires a commitment of time and annual budgeting.
3. The home ranks low on its street for living space but high for lot size. What does this mean?
This indicates the property's value is heavily weighted toward its expansive land. The house itself is comfortable but not the largest on the block, making it ideal for buyers who prioritize outdoor living and potential future expansion over a massive interior footprint.
4. The assessed value is notably high for the community. Is this accurate?
The assessment reflects the municipality's view of the property's value, considering its large lot and amenities like the pool. It's a strong data point, but the final market price is determined by current buyer demand. This gap is a key point for negotiation.
5. What are the seasonal pros and cons of such a large lot?
The large yard provides excellent summer privacy and space. However, it also means considerable work for lawn care, gardening, and snow removal in winter. Factoring in the cost of equipment or a maintenance service is important for the overall budget.