Property Overview: 153 Woodview Bay
Key Characteristics & Appeal
This well-established two-storey home in Elmhurst offers a balanced blend of space, location, and value. Built in 1982, it sits on a generous 6,817 sqft lot, providing ample outdoor room—a notable advantage in mature neighbourhoods where lots are often smaller. The 1,603 sqft living space includes a finished basement, adding functional square footage for recreation, guests, or a home office. With a detached garage and no pool, it presents a classic, low-maintenance exterior setup.
Its appeal lies in its strong positional rankings. The property outperforms a significant majority of Winnipeg homes in terms of lot size, living area, and assessed value, suggesting a solid investment in a desirable setting. It’s particularly suited for buyers seeking a move-in ready family home in a quiet neighbourhood, who value a large yard over a brand-new build. It would also fit practical upgraders looking for more space and land than typically found in newer subdivisions, without venturing into premium price tiers. A thoughtful perspective is that homes from this era often feature more robust construction and established landscaping than newer builds, offering a sense of permanence and maturity.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and citywide. For example, ranking in the "top 19%" for lot size in Winnipeg means 81% of city homes have a smaller lot, highlighting this property's standout outdoor space.
2. Is a 44-year-old home a concern?
While not new, the age is typical for Elmhurst. The key is the home's maintenance and updates over time. A thorough inspection is recommended to assess the condition of major systems like roof, windows, and furnace, which may be due for updates.
3. How does the finished basement add value?
It effectively increases usable living space without increasing property taxes, which are based on the above-grade square footage. This makes the home feel larger than its official 1,603 sqft listing.
4. Why is the lot size a significant feature?
In mature neighbourhoods, large lots are finite. This lot size offers rare potential for gardening, expansion, or simply more private outdoor living compared to newer, denser developments.
5. Who is the typical buyer in this area?
Elmhurst often attracts families and long-term residents seeking stable, community-oriented neighbourhoods with good access to schools, parks, and city amenities, valuing character over a brand-new construction.