This is a substantial, well-established family home in Elmhurst, built in 1990. Its primary appeal lies in offering generous space and premium lot size within a desirable neighborhood. The property sits on a large, approximately 10,145 sqft lot and features over 2,900 sqft of finished living space, including a developed basement. Key amenities include an in-ground pool and an attached garage. The home's competitive rankings indicate it is larger, more valuable, and situated on a bigger lot than the vast majority of homes in its immediate area, community, and across Winnipeg. It would best suit a buyer looking for a move-in ready, spacious property with established landscaping and outdoor recreation space, who values the maturity and prestige of the Elmhurst neighborhood over a brand-new build.
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What is the significance of the property's high rankings?
The data shows this home consistently ranks in the top 10-15% of comparable properties for size, value, and lot size. This suggests it is a premium offering within its market segment, which can contribute to long-term value retention and desirability.
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The home was built in 1990. What should I anticipate?
While the home is well-maintained, a property of this age will have components, such as the roof, major mechanical systems (furnace, A/C), and windows, that are likely at or beyond their typical service life. A thorough inspection is essential to budget for upcoming maintenance or updates.
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How does the pool factor into the value and responsibility?
The pool is a significant lifestyle amenity but also represents ongoing cost and maintenance. Buyers should factor in seasonal opening/closing, increased insurance, utility costs for heating/filtering, and long-term upkeep when considering the overall value.
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The last sale was in 2016 for $648,000. How does that relate to the current price?
The 2016 price provides historical context, but the current market value is primarily reflected in the $813,000 assessment and the seller's asking price. The substantial appreciation over eight years aligns with broader market trends and the home's premium attributes.
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Is the finished basement included in the 2,902 sqft living area?
Typically, "living area" refers to above-grade, finished square footage. The "basement, finished" note indicates additional, separate living space. It's important to clarify the exact total of all finished areas and the specific layout/condition of the basement rooms.