Property Overview
20 Evesham Key is a well-established, single-storey home in Winnipeg's Elmhurst neighborhood. Built in 1984, it sits on a generous 5,296 sqft lot and features 1,120 sqft of living space, a finished basement, and an attached garage.
The home's primary appeal lies in its balance of space, location, and value. The large lot is a standout feature for the area, offering ample outdoor potential. Its age places it in a sweet spot for buyers: it's newer than many homes in its immediate vicinity (ranking in the top 7% for age on its street), potentially meaning fewer major retrofits than much older properties, while still being part of a mature, settled community. The finished basement adds functional living space, a key asset for a home of this size.
This property would suit first-time buyers, downsizers, or value-focused investors looking for a solid, low-maintenance bungalow in a central Winnipeg neighborhood. It's a practical choice for someone who prioritizes a sizable yard and a move-in-ready foundation over modern finishes or a large interior footprint. The rankings suggest it offers a competitive lot size and age for the street, but presents as a more average offering in terms of size and assessed value within the broader Winnipeg market, indicating a straightforward, mid-range opportunity.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Elmhurst, and across all of Winnipeg. For example, it's newer than 93% of homes on its street, but its living space is smaller than 86% of its immediate neighbors. This helps you understand its relative strengths and weaknesses in different contexts.
2. Is the finished basement included in the 1,120 sqft living area?
No, typically the listed "living area" (1,120 sqft) refers to above-ground, finished space. The finished basement is an additional area that adds functional rooms like a rec room or extra bedrooms.
3. What are the implications of the home being built in 1984?
Homes from this era often feature modern wiring standards and more efficient insulation than pre-1970s houses, but may be due for updates to original components like windows, roofing, or flooring. It's a period that often balances modern infrastructure with simpler layouts.
4. The lot is large, but how is the property positioned?
With a lot size ranking in the top 100% on its street, it's likely one of the larger properties in the immediate area. This could mean more privacy, garden space, or redevelopment potential compared to neighbors, but it's wise to check the specific lot shape and orientation.
5. How should I interpret the assessed value in relation to the asking price?
The municipal assessment ($410,000) is for tax purposes and reflects a mass appraisal from a prior date. It's a useful data point showing the home is valued in the top third for Winnipeg, but the market-based asking price will be determined by current conditions, recent upgrades, and seller motivation.