Property Overview
This 1977-built, one-storey home in Elmhurst offers a practical and spacious family layout on a large, 8,202 sqft lot. Its key appeal lies in its generous, finished living space of 1,639 sqft, which ranks well above average for Winnipeg, combined with the privacy and potential of a sizable yard. The home features a finished basement and an attached garage. Its competitive rankings suggest strong fundamentals: it sits in the top 10% of Winnipeg for lot size and the top 21% for living area, indicating a property that offers more space than most. However, its age and build year rankings are more moderate, suggesting a home that may appeal to those comfortable with the character and maintenance considerations of a well-established property.
This home would suit buyers looking for a true bungalow layout on a premium-sized lot, prioritizing interior space and outdoor room over a newer build. It’s a strong match for families, multi-generational living (thanks to the finished basement), or anyone valuing established neighborhoods with mature landscaping. A thoughtful perspective is that while the home itself is of average age for its area, the lot size is a standout, permanent feature that cannot be replicated in newer subdivisions, offering long-term value and flexibility.
Frequently Asked Questions
1. How does the lot size compare to a typical new build?
At over 8,200 sqft, this lot is significantly larger than most found in new developments, where lots are often 5,000 sqft or less. This provides exceptional outdoor space for gardening, play, or future additions.
2. What does the "finished basement" include?
The listing confirms the basement is finished but does not specify the rooms or finish quality. This would be a key point to clarify during a viewing to understand the additional living space available.
3. Are there any known issues common with homes from this era?
Built in 1977, the home may have original components like windows, roofing, or major systems (furnace, electrical) nearing the end of their service life. A thorough inspection is advised to assess their condition and plan for potential updates.
4. The value ranking is high, but the assessment seems moderate. Why?
The home ranks in the top 20% of Winnipeg for assessed value, which is a strong market position. The assessment itself is a municipal valuation for tax purposes; the market value is determined by current buyer demand, which the rankings suggest is favorable for this property's features.
5. What is the neighborhood character of Elmhurst?
Elmhurst is a mature, established neighborhood with a mix of well-kept older homes. The high lot size ranking for this home suggests it is on one of the larger, more private properties in the area, offering a sense of space within the city.