Property Overview & Key Characteristics
This 1,391 sqft home, built in 2000, is a standout property in Winnipeg's Elmhurst neighborhood. Its primary appeal lies in its exceptional competitive positioning within the market. The home ranks in the top 1% of its street and top 3% of its community for size and relative newness, meaning it offers above-average space and modern construction for its immediate area. While its assessed value sits in a more moderate tier city-wide, this creates a potential value proposition for a buyer seeking a well-sized, contemporary home in a desirable locale without a premium price tag.
The property would suit a practical buyer who values data-driven insights. It’s ideal for someone looking for a move-in ready home that statistically outperforms most of its neighbors in key metrics like size and age. It would also appeal to buyers who prioritize community and street-level standing over city-wide price percentile, seeing strong local rankings as a marker of stability and desirability.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking in the top 1% for size on its street means it is larger than 99% of the homes on Cathcart Street.
2. The home ranks highly for size and age, but lower for assessed value. Is this a concern?
Not necessarily. This can indicate the home is a strong, modern property in a well-established area where assessed values have not surged uniformly. It may present an opportunity to own a competitively sized and newer home at a value-oriented point within the neighborhood.
3. Is there a basement or garage?
According to the provided details, this property has no basement and no garage. Buyers should consider storage and parking needs.
4. What is the significance of the building type not being specified?
This omission suggests it's likely a standard single-family detached home, as alternative types (like a duplex or townhouse) would typically be listed. Verification with a listing agent is recommended.
5. The "SaveOnHouse" page mentions a competitive "blood bar" – what is that?
This is a visual metaphor used on that specific site to represent the ranking data. A longer, fuller bar indicates a stronger ranking (e.g., top 1%) for a given metric compared to other properties.