Property Overview: 22 Apex Street, Elmhurst, Winnipeg
Key Characteristics & Appeal
This 1982-built, two-storey home sits on a generous 6,206 sqft lot in Winnipeg's Elmhurst neighbourhood. Its key features include a fully finished basement, an in-ground pool, and a spacious 1,866 sqft of living area, which ranks within the top 15% for size across the entire city. The property’s assessed value of $560,000 places it in the top tier of homes locally, indicating solid perceived value.
The appeal lies in its blend of space, established neighbourhood character, and unique amenities. The private, resort-style backyard with a pool is a standout for family summers and entertaining. While it lacks a garage, the large lot offers potential for adding one or other outdoor structures. This home suits buyers looking for a move-in-ready property with room to grow, particularly families or those who value outdoor living space over an attached garage. It’s ideal for someone seeking a home that offers more square footage and land than many newer builds in its price range, within a mature, well-ranked community.
Frequently Asked Questions
1. How does the lack of a garage impact the property's value and utility?
While the absence of a garage is a consideration for vehicle storage and workshop space, the large lot provides a clear opportunity to build one. For some buyers, the trade-off for a larger yard and a pool is worthwhile, especially in a neighbourhood where many homes are of a similar vintage.
2. Is the pool a major factor in maintenance costs and insurance?
Yes, an in-ground pool requires seasonal opening/closing, regular cleaning, and increased utility costs. It will also typically lead to higher home insurance premiums. However, for the right buyer, it provides significant lifestyle value that can outweigh these ongoing commitments.
3. The home was built in 1982. What major systems might need attention?
Given the age, a thorough inspection of the roof, windows, and major mechanical systems (furnace, plumbing) is essential. The fact that the basement is already finished is a plus, but it's important to verify the quality of that renovation and ensure there are no underlying moisture issues.
4. The rankings show the home is larger and more valuable than most, but the lot size rank on the street is lower. Why?
The home excels in living space and assessed value rankings. The lot size, while very generous at over 6,000 sqft, is ranked lower on its specific street simply because Apex Street may feature even larger lots. This doesn't diminish the lot's practical size, but highlights the established, spacious nature of the immediate area.
5. What is the neighbourhood of Elmhurst like?
Elmhurst is a mature, established neighbourhood in Winnipeg. The rankings indicate this property performs well within its community context, suggesting it's a solid, desirable area. Prospective buyers should visit at different times to gauge traffic, noise, and overall community feel to see if it matches their lifestyle.