Property Overview: 2 Donnington Road, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1978 one-storey home in Elmhurst sits on a generous 6,288 sqft lot. Its key features include a fully finished basement and a split garage. With 1,236 sqft of living space, it offers a practical layout for everyday living.
The property's primary appeal lies in its established neighbourhood setting and its notable value within the broader Winnipeg market. The data indicates it ranks higher city-wide than within its immediate community, suggesting it may offer more house and land for your money compared to many other areas. It particularly stands out for its lot size, ranking in the top 26% of all Winnipeg properties. This presents an opportunity for buyers who prioritize outdoor space over a larger interior footprint. The finished basement adds flexible living or storage space, a significant asset in a home of this size.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature area. It’s also a practical choice for value-focused buyers who see potential in the solid lot size and are comfortable with a home that benefits from some updates over time. The recent transaction history suggests a market-responsive price point.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The current assessed value ranks higher than nearly three-quarters of Winnipeg homes, but is more middle-of-the-pack within the Elmhurst community itself. This can indicate a well-valued property in a desirable neighbourhood.
2. Is the living space sufficient for a family?
At 1,236 sqft, the living area is compact. The finished basement effectively expands usable space, making it workable for a small family, but those needing multiple large bedrooms or dedicated living areas may find it cozy.
3. What does the lot size offer?
The nearly 6,300 sqft lot is a significant feature, ranking well above average. It provides ample room for gardening, play, or future outdoor amenities like a large deck or shed, which is a premium in many urban areas.
4. What should I consider about the home’s age?
Built in 1978, the home is approaching 50 years old. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, while also appreciating the character and established landscaping of an older property.
5. How does the 2019 sale price relate to today’s assessment?
The home sold for $350,000 in 2019 and is now assessed at $437,000. This increase reflects broader market trends over that period. It’s important to use this as one data point, and a current market evaluation is essential to determine today’s fair value.