Property Overview & Key Characteristics
This two-storey home in Elmhurst presents a compelling opportunity, particularly for its generous scale and established setting. Its primary appeal lies in its substantial 11,142 sqft lot, which places it in the top tier of properties locally for outdoor space. The 1,890 sqft living area is also notably spacious, ranking highly within its immediate area. These features are complemented by a finished basement and an attached garage.
The property suits buyers looking for a long-term family home with ample room for gardens, play, or expansion. Its strong rankings for lot and living space suggest a property that feels more private and roomy than most in the wider region. A thoughtful perspective is that a 1974 build offers a balance of modern layout practicality while being old enough to be situated in a mature, well-treed neighbourhood. The value proposition is centered on space and location over newness, ideal for those who prioritize established communities and room to grow over a turn-key modern finish.
Frequently Asked Questions
1. How does the 1974 construction year affect the home?
While not a new build, homes from this era often feature solid construction and practical floor plans. Buyers should budget for potential updates to major aging components like the roof, windows, or HVAC system, which is typical for a home of this age.
2. What do the "rankings" actually mean for daily living?
They are a relative measure of key metrics. For example, ranking in the top 4% in Winnipeg for lot size means you will have significantly more outdoor privacy and space than the vast majority of city properties. The high rankings for living and lot size contrast with more average rankings for assessed value, which may indicate a value opportunity.
3. Is the finished basement included in the 1,890 sqft living area?
Typically, municipal living area (sqft) calculations do not include below-grade spaces, even if finished. The 1,890 sqft likely refers to above-ground living space only, with the finished basement providing additional bonus space.
4. Why is the assessed value ranking lower than the size rankings?
Municipal assessments for tax purposes don't always directly correlate with market value or desirability. A lower assessment relative to its physical attributes could be influenced by the home's condition, specific features, or the assessment model, but often results in a relatively lower property tax burden for a home of this size.
5. What is the neighbourhood character of Elmhurst?
As an established area with homes dating back to the 1970s, Elmhurst typically offers mature landscaping, larger lot sizes, and a settled community feel. It appeals to those seeking a quiet, residential environment with a strong sense of permanence.