Property Overview
This 1985-built, one-storey home on a large, 5,828 sqft lot in Elmhurst presents a practical and spacious family living option. Its key appeal lies in its generous, fully finished basement and single-level layout, offering ease of living and significant room to grow. With a total living area of 1,376 sqft, it provides solid space, while its assessed value positions it as a competitively valued proposition in the broader Winnipeg market. The property includes an attached garage and ranks notably well for its lot size and newer age relative to many homes in the neighborhood.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing space, thanks to the finished basement. It's also a fit for value-conscious families seeking a large yard in a mature community, who are comfortable with a home that presents an opportunity for gradual updates to match modern tastes.
Frequently Asked Questions
1. How does the property's value compare to the area?
The home's assessment ranks higher than 79% of all Winnipeg properties, suggesting it is a above-average valued asset city-wide. Within the Elmhurst community itself, it surpasses 66% of homes, indicating it sits in the upper third for value in the immediate area.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income potential.
3. What does the "age ranking" mean for a 41-year-old home?
While the home is 41 years old, it is newer than 75% of homes in Elmhurst. This suggests the neighborhood is well-established, and this property may have fewer age-related concerns than many of its neighbors.
4. How does the living space compare to typical homes?
At 1,376 sqft, the living area is above average for Winnipeg (surpassing 66% of homes) but is more typical within its own community. This indicates you get more interior space than the city average, aligning with the neighborhood norm.
5. What is the significance of the lot size ranking?
The lot ranks highly, meaning it is larger than most in the area. This is a key, less-obvious advantage, offering more outdoor privacy, space for gardening or play, and potential for future additions where zoning allows.