Property Overview: 38 Woodfield Bay, Elmhurst, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1981, presents a practical and comfortable living space in the established Elmhurst neighbourhood. With 1,433 sqft of living area, it offers a size that is consistently "around average" when compared to homes on its street, in its area, and across Winnipeg—a sign of a versatile, middle-of-the-road floor plan. A key feature is its renovated basement, adding modernized living space. The home sits on a 4,000 sqft lot, which is notably more compact than most in Elmhurst, resulting in lower yard maintenance.
Its appeal lies in its balance and value. The home’s assessed value positions it solidly within the mid-range for the city, suggesting a manageable property tax burden. For its street, it is actually one of the newer homes, potentially meaning fewer major age-related updates than some neighbours. The detached garage adds flexibility. This property would suit first-time buyers or downsizers seeking a move-in-ready home with a renovated basement in a quiet neighbourhood, without the upkeep of a large yard. It’s a pragmatic choice for those prioritizing interior space and modern finishes over expansive outdoor space.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
At 4,000 sqft, the lot is smaller than the typical Elmhurst property. This translates to less yard maintenance, which can be a benefit for those seeking a low-maintenance lifestyle. However, it may limit options for large additions, pools, or extensive landscaping.
2. What does the "around average" size and assessment mean for a buyer?
It indicates a home that fits a common market sweet spot. It’s neither the largest nor the smallest, and its value is not an outlier. This can provide stability, making it easier to compare with other homes and potentially simpler to finance and insure.
3. The home sold in late 2020. What should I consider?
The sale history provides a market data point, but conditions have likely changed. It’s important to have a current market evaluation to understand today’s value. The sale also suggests the sellers have owned for several years, which can sometimes mean well-considered updates.
4. As a 4-level split, what are the practical considerations?
This style offers good separation of living and sleeping areas, often with a distinct basement level. It is efficient on a compact lot. Be mindful that it involves multiple short flights of stairs, which may not suit everyone’s mobility preferences.
5. How does it rank for "Year Built" on its own street?
It ranks in the top 22% on Woodfield Bay, meaning it is one of the newer homes on the block. This is a less obvious advantage, suggesting the core structure may be relatively younger than many immediate neighbours, potentially with updated building materials or layouts for its era.