Property Overview
26 Apex Street is a spacious, well-established two-storey home in Winnipeg's Elmhurst neighborhood. Built in 1981, it sits on a large 6,221 sqft lot and offers over 2,000 sqft of finished living space, including a developed basement. The home features an attached garage and presents a solid, move-in-ready opportunity in a mature community.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous scale and established setting. With a living area that ranks in the top 12% of its community and top 9% city-wide, it offers substantial space for a growing family or those who value room to spread out. The large lot provides ample outdoor potential. Its value is underscored by a strong city-wide assessment ranking (top 18%), suggesting it is a competitively priced asset for its size and offering.
This home is best suited for practical buyers looking for space without a premium "new-build" price. It’s ideal for a family seeking a long-term home in a quiet neighborhood where they can put down roots. The developed basement and large footprint also appeal to those who need flexibility for a home office, recreation room, or multi-generational living. It’s a home for someone who sees the value in solid fundamentals—space, lot size, and location—over brand-new finishes.
A less obvious perspective is its potential for gradual modernization. The 1980s construction means systems and layout are modern enough for comfortable living, but it offers a canvas for personalized updates. Additionally, its strong rankings for size and value in a mature area like Elmhurst suggest a stable investment less subject to the volatility of newer, rapidly developing suburbs.
Frequently Asked Questions
1. What is the true sense of the neighborhood like?
Elmhurst is a mature, established neighborhood. The rankings show the home itself is larger and on a bigger lot than most in the immediate area, offering a sense of privacy and space that might be less common on newer, denser streets.
2. Are there any major upcoming costs due to the home's age?
As a home built in the early 1980s, a prudent buyer should budget for the potential updating or replacement of original major components. This could include the roof, windows, or the furnace and hot water tank, which may be nearing the end of their typical lifespans.
3. How does the "developed basement" factor into the living space?
The 2,031 sqft living area includes the finished basement. This adds valuable flexible space for living, but it's important to clarify the ceiling height, window sizes, and the specific finish quality to understand how it functions as daily living space versus recreational or utility space.
4. What do the competitive rankings actually mean for resale?
The rankings indicate this home outperforms most Winnipeg houses in terms of sheer living space and assessed value for its price point. This strong fundamental positioning can be an advantage when it comes time to sell, as it competes well on key metrics buyers compare.
5. Is there room for expansion or a backyard addition?
The 6,221 sqft lot is significantly larger than average, providing excellent outdoor space. This opens up possibilities for gardening, play areas, or even future additions like a deck, shed, or possibly an extension, subject to local zoning and permit approvals.