Property Overview: 3 Woodfield Bay, Elmhurst, Winnipeg
Key Characteristics & Appeal
This well-maintained 4-level split home, built in 1981, offers a practical and spacious layout in the established Elmhurst neighborhood. With 1,678 sqft of living space, it sits comfortably above average for its immediate street and the city overall, providing ample room for a growing household or those who value defined separate living areas. The home features a renovated basement and a detached garage. Its assessed value is consistent with the local area, suggesting a fairly priced entry point into the neighborhood.
The appeal lies in its balanced offering: it's a move-in ready home with modern updates in a quiet, mature community. The lot size of 5,498 sqft is notably generous for the street, offering good outdoor space, though it's more compact compared to some larger lots in the wider Elmhurst area. This property would suit first-time buyers or young families looking for a spacious home without the premium of a brand-new build, as well as downsizers from larger properties who still want multiple levels and room for guests or hobbies. A thoughtful perspective is that while the home's size ranks highly on its street, its value is in line with the average, which could indicate a solid value proposition for the square footage offered.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 1,678 sqft, the living area is in the top 15% of homes on Woodfield Bay and above the city-wide average, making it a notably spacious home for its immediate location.
2. What is the property’s value context?
With an assessed value of $420k, it sits around the average for the street, Elmhurst neighborhood, and Winnipeg overall, indicating a market-aligned price point rather than being an outlier.
3. Is the lot size typical for the area?
The lot is above average for Woodfield Bay but below the average lot size within the broader Elmhurst neighborhood. This means you get a generous yard for the street, but not necessarily the largest lot in the community.
4. What does the sale history show?
The home sold previously in July 2021 for $43.30k and in December 2016 for $35.50k. It's important to consult with a real estate professional for a current market analysis, as these past prices reflect different market conditions.
5. What are the home’s practical features?
The home includes a renovated basement and a detached garage. It is a 4-level split, a classic style for its era that offers good separation of living and sleeping areas.