Property Overview: 14 Ghent Cove, Elmhurst, Winnipeg
Key Characteristics & Appeal
This is a substantial, well-established family home in the Elmhurst neighborhood, built in 1985. Its primary appeal lies in its generous scale and prime lot, offering space and privacy that are increasingly rare. The property sits on over 10,000 square feet of land, placing it in the top tier of lot sizes locally. The 2,373 sqft two-storey home is complemented by a finished basement, an in-ground pool, and an attached garage.
The home’s standout feature is its competitive ranking across key metrics. It consistently places in the top 20% of its immediate street and, more impressively, in the top 5-10% of the wider Winnipeg area for lot size, living area, and assessed value. This suggests a property that outperforms the vast majority of its peers in terms of sheer physical assets and municipal valuation. It suits buyers looking for a long-term family home with established gardens and mature landscaping, where the value is anchored in the land itself as much as the structure. It would particularly appeal to those who prioritize outdoor space for recreation and privacy over a brand-new build, and who appreciate a home with a proven, high-ranking stature in its market.
Frequently Asked Questions
1. What is the significance of the property rankings provided?
The rankings show how this home compares to others in its immediate area and across Winnipeg. For example, being in the top 6% of Winnipeg for lot size means it offers more land than 94% of properties in the city, a key indicator of rarity and value.
2. The house was built in 1985. What should I consider regarding its age?
While the core structure is 41 years old, the high rankings for living space and value indicate it has been well-maintained and likely updated. A thorough inspection will be crucial to understand the condition of major systems like roof, windows, plumbing, and electrical, which may be due for assessment or modernization.
3. How does the in-ground pool affect the property?
The pool is a significant recreational amenity for summer months but requires annual maintenance, insurance considerations, and has associated operating costs. It can be a major selling point for the right buyer, but also a consideration for those not wanting the upkeep.
4. The home ranks highly for assessed value. Does this directly correlate with the selling price?
Municipal assessed value is used for calculating property taxes and is one indicator of market value, but it is not an appraisal. The final selling price will be determined by current market conditions, the home's specific condition, and buyer demand.
5. What is the neighborhood of Elmhurst like?
Elmhurst is a mature, established neighborhood in Winnipeg. Properties with lot sizes like this one are a hallmark of the area, suggesting a stable, family-oriented community with well-kept homes. The high rankings within the community itself (e.g., top 3% for living area) confirm this property is among the larger, more substantial homes in the area.