Property Overview
This 1976 one-storey home in Elmhurst offers a well-established, low-maintenance lifestyle on a large, quiet lot. Its key appeal lies in the combination of a spacious, private yard (nearly 8,000 sq ft) and the convenience of a fully finished basement and an in-ground pool. The home itself is modest in size at just under 1,200 sq ft, presenting a solid, move-in-ready canvas. Its strong rankings—particularly outperforming 88% of Winnipeg homes for lot size—highlight its standout outdoor space in a city context.
This property would suit practical buyers looking for a ready-made summer oasis without the upkeep of a large house. It's ideal for small families, downsizers, or investors seeking a single-level home with proven rental appeal in a mature neighbourhood. The very large lot also offers long-term potential for expansion or landscaping projects.
Frequently Asked Questions
1. How does the age of the home (50 years) affect its condition?
While the 1976 build means major systems like roof, wiring, and plumbing are at an age where inspection is crucial, homes from this era in established neighbourhoods are often solidly built. The fully finished basement suggests updates have been made.
2. What are the real costs and benefits of having a pool in Winnipeg?
The pool is a major lifestyle amenity for our short summer, but requires consideration for ongoing maintenance, insurance, and utility costs. It can be a selling point for the right buyer but may not appeal to everyone.
3. There's no garage. How is parking and storage handled?
The property listing shows no garage. Buyers should assess driveway space for off-street parking and consider the finished basement and the potential for a shed or future outbuilding for storage solutions.
4. The home size is average, but the lot is very large. What does this mean?
This combination suggests the home was built with a focus on outdoor living. It offers excellent privacy, room for gardens, play areas, or a patio, and future potential. The value proposition is more about the land than the square footage of the house.
5. The assessed value is $411,000. How should a buyer use this figure?
The assessment is for municipal tax purposes and is a lagging indicator. Its true market value will be determined by current demand, the home's condition, and recent sales of comparable properties. It serves as a useful benchmark, not a sale price.