Property Overview: 31 Brittany Drive, Elmhurst, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Elmhurst presents a compelling blend of space, modern updates, and strong investment metrics. Its key characteristic is a generous 1,822 sqft of living area, which is notably above average for both the neighbourhood and the city, offering ample room for comfortable living. The home benefits from a renovated basement and an attached garage. Built in 2005, it is a relatively newer construction compared to most homes in the area, suggesting modern building standards and potentially lower immediate maintenance needs.
The primary appeal lies in its exceptional assessed value, which ranks in the top 2-3% of comparable homes on its street, in Elmhurst, and citywide. This indicates strong official valuation and solid underlying property worth. While the lot size is typical for the street, it is more modest compared to some larger lots in the broader Elmhurst area, resulting in a manageable yard.
This property would suit buyers looking for a move-in ready, spacious bungalow without the upkeep of an older home. It’s ideal for downsizers seeking single-level living with plenty of room, or for families who prioritize interior space over a vast yard. The strong assessment value also makes it a sensible consideration for the value-conscious buyer who views a home as a long-term asset.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking practically mean?
It means the municipal property assessment for this home is significantly higher than the average for comparable properties. This generally reflects a strong official valuation, which can be positive for equity, but it's important to confirm current market value through a professional appraisal and recent neighbourhood sales.
2. Is the lot size a disadvantage?
The 5,620 sqft lot is standard for Brittany Drive but smaller than the Elmhurst neighbourhood average. This translates to less yard maintenance, which many buyers appreciate. It offers a balanced outdoor space without the burden of a large garden, suiting those who prefer low-maintenance living.
3. The home sold in 2021 and 2016. What can be inferred?
The sales history shows turnover roughly every five years, which is not unusual. The significant jump in sale price between 2016 and 2021 aligns with broader market trends and the home’s renovations. It suggests the property has been maintained and updated by successive owners.
4. How does the living space compare to a typical Winnipeg home?
With 1,822 sqft, this home offers about 480 more square feet than the average Winnipeg home. This substantial difference provides noticeably more room for living, storage, and layout flexibility, a key advantage in a market where many homes are more compact.
5. Who might this home not be ideal for?
Buyers seeking a very large, private yard or those who prefer a brand-new build in a suburban subdivision may find the lot size and 2005 vintage less appealing. Additionally, buyers with a strict budget based on the municipal assessment should be prepared for corresponding property tax implications.