Property Overview: 23 Whitetail Drive
This well-established Elmhurst bungalow offers a classic and practical family home on a generous, 8,100 sqft lot. Built in 1978, its key appeal lies in its spacious grounds and single-level living, complemented by a finished basement for added space. The property presents a solid, move-in-ready canvas in a mature neighbourhood, having been thoughtfully maintained and updated over the years, as evidenced by its value appreciation since the last sale.
Key Characteristics & Ideal Buyer
The home’s primary strengths are its expansive lot—which is larger than most in Winnipeg—and its functional one-storey layout. With 1,272 sqft of living space above grade plus a finished basement, it provides ample room for a growing family or those seeking single-floor convenience. Its high city-wide rankings for lot size (top 11%) and assessed value (top 26%) indicate a property that holds substantial tangible asset value relative to the broader market. The appeal here is grounded in space, stability, and potential. It perfectly suits first-time buyers looking for a home with room to grow outdoors, downsizers who want main-floor living without sacrificing yard space, or value-oriented investors attracted by the lot’s inherent equity and the neighbourhood’s established desirability. A less obvious perspective is that this home represents a "middle-ground" champion in its area: it doesn’t top every category on its street, but it consistently performs above average in the wider community and city, suggesting a reliable and competitive long-term holding.
Frequently Asked Questions
1. How does the age of the home affect its condition and potential costs?
Built in 1978, major systems like the roof, windows, or furnace may be at or approaching their typical lifespan. A thorough inspection is recommended to budget for any upcoming updates, though the 2020 sale suggests it has been maintained.
2. What are the advantages of such a large lot?
The 8,100 sqft lot offers exceptional outdoor space for gardening, play, and entertainment. It also provides future potential for additions like a large deck, shed, or even a secondary suite, subject to municipal bylaws.
3. The home ranks lower on its street for size and newness. Should I be concerned?
Not necessarily. This reflects a street with a mix of larger or newer homes. The property compensates with its very strong rankings in the broader community and city, particularly for lot size and assessed value, highlighting its overall market strength.
4. Is the finished basement included in the listed 1,272 sqft living area?
No. The 1,272 sqft refers to the above-grade living space. The finished basement provides additional, valuable square footage that is not included in that official figure.
5. The assessed value has risen significantly since the 2020 purchase. What does this mean?
The increase from the $350,000 purchase price to the $445,000 assessment reflects market appreciation and any improvements made. It’s a positive indicator of growing equity, but the final market price will be determined by current buyer competition.