Property Overview & Key Characteristics
This 1983-built, one-storey home in Elmhurst offers a practical and comfortable living space on a generous, nearly 6,000 sqft lot. Its key appeal lies in a combination of established maturity and solid fundamentals. The 1,354 sqft layout includes a finished basement, providing flexible space, and is complemented by an attached garage. The property's strength is reflected in its value rankings; it places within the top 20% of Winnipeg homes for assessed value and is notably newer than most houses in its immediate area. Its lot size offers potential for gardening, play, or expansion, which is a growing advantage in mature neighbourhoods.
The home would suit first-time buyers seeking a move-in-ready property with room to grow, or downsizers looking for single-level convenience without sacrificing yard space. It also represents a sound choice for value-focused buyers who appreciate statistical evidence of a property's standing relative to its peers, as it consistently ranks above average in its locale for metrics like size, age, and assessed value.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 36%") actually mean for a buyer?
This data indicates the property's competitive position. For example, being newer than 65% of Winnipeg homes suggests lower immediate risks of major age-related repairs. Ranking in the top 20% for assessed value in the city often points to a strong perceived value by the assessment authority, which can be a positive indicator for resale.
2. Is a finished basement included in the listed 1,354 sqft living area?
No, typically the listed living area refers to above-grade square footage. The finished basement is an additional bonus space, adding functional rooms without increasing the official living area figure.
3. What are the advantages of a 43-year-old home in this area?
Homes from this era often sit on larger lots compared to new builds and are located in established neighbourhoods with mature trees and settled community dynamics. Construction from the 1980s also generally follows modern building codes, offering a balance between classic durability and contemporary layouts.
4. How might the lot size benefit me?
Beyond outdoor enjoyment, a large lot (5,871 sqft) provides valuable flexibility. It could accommodate future additions like a shed, deck, or garden suite (subject to zoning), and generally offers more privacy and space between neighbours than newer subdivisions.
5. The home ranks lower within its own community for size. Should I be concerned?
Not necessarily. Ranking in the middle of the pack for size within Elmhurst (top 54%) means the home is average for the area, which can be a positive for maintaining neighbourhood character and ensuring your home isn't over- or under-sized compared to nearby properties, which supports stable valuations.