Property Overview
This two-storey home in Elmhurst offers a blend of established comfort and relative value. Built in 1990, it sits on a generous 7,200 sqft lot and features 2,182 sqft of living space, which ranks it within the top 10% of homes in its community for size. Key characteristics include an unfinished basement, an in-ground pool, and an attached garage. Its appeal lies in its above-average footprint for the area, providing room to grow, and the recreational potential of the pool on a large, private lot. The property’s assessed value positions it competitively, ranking higher than over 90% of homes in both the neighborhood and wider Winnipeg.
This home would suit a buyer looking for a well-sized family home in a mature area, who values indoor and outdoor space over a brand-new build. It’s ideal for someone comfortable with a home that has some history (36 years) and who may see potential in finishing the basement to add further value. The pool makes it a strong fit for families seeking summer entertainment at home, while the rankings suggest it offers more square footage for the price than most comparable listings.
Frequently Asked Questions
1. What is the significance of the property rankings provided?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for metrics like size, age, and assessed value. They show this property is notably larger and has a higher assessment value than the vast majority of homes in the broader area, indicating a strong relative value proposition.
2. Is the pool a major factor in the maintenance and cost?
Yes. An in-ground pool requires seasonal opening and closing, regular chemical maintenance, and additional insurance considerations. While it offers great private recreation, buyers should budget for its ongoing upkeep and eventual long-term maintenance or resurfacing costs.
3. What are the pros and cons of the unfinished basement?
The unfinished basement provides significant storage and flexible future living space (like a rec room, home gym, or additional bedroom). However, finishing it to a living standard would require a substantial investment for flooring, walls, insulation, and likely electrical and plumbing work.
4. How does the 1990 build year affect the home?
A home of this age is likely to have seen updates, but major original components (like the roof, windows, HVAC system, and appliances) may be nearing or past their typical lifespans. A thorough inspection is crucial to understand the condition of these elements and plan for potential updates.
5. The home ranks very well for size and value, but lower for age on its street. What does this mean?
This indicates that while the home is newer than some on the street, there are a few newer homes as well. The more critical data points are its superior rankings for size and value within the wider community and city, suggesting you get more house for your money here compared to most alternatives, even if it's not the absolute newest build on the block.