Property Overview & Appeal
This two-storey home in Elmhurst offers a straightforward opportunity on a generous 3,335 sqft lot. Built in 1978, its key characteristic is its solid foundation and ample yard space in a mature neighbourhood. The appeal lies in its value proposition: it presents a clean canvas with an unfinished basement, allowing a new owner to customize the space to their own needs and taste without paying a premium for someone else's renovations. The home ranks notably newer than many on its street and in Winnipeg overall, suggesting it may have been well-maintained or updated over time.
It would suit a practical buyer looking for a first home with room to grow, a hands-on individual eager to add sweat equity, or an investor seeking a property with long-term redevelopment potential given the lot size. A less obvious perspective is that its rankings show it's a relatively larger and newer home on its street, offering a sense of space and modernity within an established community, which can be a rare find.
Frequently Asked Questions
1. What does the "unfinished basement" mean for me?
It means the basement is a blank slate with rough-in for utilities. You have the flexibility to finish it as a rec room, extra bedrooms, or a rental suite according to your budget and timeline, but will need to invest to do so.
2. How should I interpret the property rankings?
They show how this home compares to others in the area. For example, it ranks in the top 20% for age on its street (meaning it's newer than 80% of its neighbours), but its assessed value is in the bottom 10% on the same street, which could indicate value or a need for modernization.
3. Is the lack of a garage a major drawback?
That depends on your needs. The large lot does provide space to potentially add a garage or shed in the future. Many homes in mature neighbourhoods lack garages, so on-street parking is common.
4. What is the neighbourhood of Elmhurst like?
Elmhurst is a long-established, quiet residential area in Winnipeg with mature trees and a mix of home styles. Its high community ranking for lot size suggests a neighbourhood known for spacious properties.
5. Are there any immediate concerns with a 48-year-old home?
As with any home of this age, a thorough inspection is essential. Key systems like the roof, windows, plumbing, and electrical should be evaluated for their condition and remaining lifespan, as some may be original or nearing replacement.