Property Overview
This 1969-built, one-storey home in Elmhurst presents a classic and practical living opportunity. Its key appeal lies in a generous, mature 7,278 sqft lot—a significant size that offers privacy and space for gardening or recreation, surpassing most homes in Winnipeg. The 1,081 sqft bungalow layout is functional, featuring a finished basement that adds valuable living space. While it lacks a garage or pool, the property’s standout rankings highlight its strengths: the lot size is exceptionally large for the area, and the home itself is notably newer than almost all others on its street. It suits first-time buyers seeking a solid starter home with room to grow outdoors, downsizers looking for a manageable single-level layout without sacrificing yard space, or value-oriented buyers who see potential in the established neighborhood and the blank canvas of a large lot.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size ranks in the top 15% city-wide, meaning it's larger than 85% of Winnipeg properties. Conversely, its assessed value ranks in the bottom half for the neighborhood, which may indicate room for value growth.
2. Is the finished basement included in the 1,081 sqft living area?
Typically, the main floor living area is listed separately. The 1,081 sqft likely refers to the main floor, with the finished basement providing additional, bonus space not reflected in that figure.
3. What are the implications of the home being "newer" than most on the street?
Built in 1969, it's among the newest on its block. This can suggest potentially fewer major age-related issues (like outdated plumbing or electrical) compared to older neighbors, but a thorough inspection for a 55+ year-old home is still essential.
4. With no garage, what are the parking options?
The property likely has a driveway. The large lot also presents a potential future opportunity to add a garage or carport, subject to local zoning and permits.
5. How might the large lot size affect costs and upkeep?
While offering great space, a lot of this size requires more time or investment for landscaping, lawn care, and snow clearing. It also represents a significant portion of the property's value, appealing to those who prioritize land.