Property Overview & Key Characteristics
This 1981-built, four-level split home at 30 Apex Street offers a practical and spacious layout in Winnipeg's Elmhurst neighbourhood. Its key appeal lies in its generous proportions, both in living space (1,814 sqft) and on a sizable 6,466 sqft lot, providing room to grow and relax. The home features a finished basement, adding to its functional living area. Market data indicates its strengths: it ranks within the top 15-25% of Winnipeg homes for both living space and assessed value, suggesting it offers above-average square footage for the market. Its lot size also ranks highly within its immediate street.
The property would suit buyers looking for established-character homes with ample indoor and outdoor space, who value the stability of a mature neighbourhood. It's particularly well-suited for those who prioritize practical space over brand-new condition, as the home's age is reflected in its rankings. The strong performance in value and size metrics, compared to its more average ranking for age, suggests it may represent a solid value proposition for a buyer willing to take on a home from the early 80s.
Frequently Asked Questions
1. What does the "four-level split" layout typically mean?
This style often features short flights of stairs separating living, sleeping, and utility areas across four half-levels. It can provide good separation of spaces (like isolating a rec room) but involves more stairs than a bungalow or two-storey.
2. The home ranks highly for size and value, but lower for age. What should I consider?
This is common for well-maintained older homes. It suggests you're getting more space for your money, but some systems (roof, windows, furnace) may be nearer to or past their typical lifespans. A thorough inspection is key.
3. There's no garage. How challenging is it to add one?
With a large lot, there is likely space for a future garage. Buyers should check City of Winnipeg zoning bylaws for setbacks and size restrictions, and factor this potential project into their long-term plans.
4. The assessed value is significantly higher than the 2017 sale price. Is that a concern?
Not necessarily. It reflects broad market appreciation over seven years. The assessed value is for taxation; the current market value will be determined by recent comparable sales and the home's condition.
5. The rankings show it's on a street with mostly larger, newer, or higher-valued homes. Is that good?
It can be. It often means the immediate surroundings are desirable and well-kept. For this home, it indicates that while it may be older than some neighbours, it holds its own in terms of overall size and contributed value to the area.