This 1981-built, one-storey home in Elmhurst offers a practical layout with 1,305 sqft of living space on a generous 6,240 sqft lot. Its key features include a finished basement and an attached garage. The property presents a compelling value proposition, with its assessment value ranking notably higher than its physical characteristics, suggesting it may be undervalued relative to its location. Its appeal lies in this potential, combined with the space and privacy afforded by the large lot—a relative rarity for a single-storey home. It would suit first-time buyers or downsizers looking for a manageable, single-level layout without sacrificing outdoor space, as well as value-oriented buyers who see potential in a solid, well-located property that may benefit from updates.
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What does the "ranking" data actually indicate?
The rankings show how this property compares to others. Notably, it ranks in the top 26% of all Winnipeg by assessed value, which is significantly stronger than its rankings for size or age. This often points to a desirable location or other intangible factors boosting its market value.
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Is the large lot an advantage for future expansion?
Yes. The lot size is well above average, offering ample backyard space and potential for additions like a deck, shed, or garden. For a one-storey home, this provides valuable room to grow and enhance outdoor living.
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The home's size ranks lower locally; will it feel cramped?
At 1,305 sqft, it is modest for the neighbourhood. However, the finished basement effectively expands the usable living area, which isn't reflected in the main floor square footage. The single-level design also makes efficient use of space.
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How might the 1981 construction year affect maintenance?
Homes from this era often have modern foundations and wiring but may be due for updates to original components like windows, roofing, or major mechanical systems. A thorough inspection is advised to budget for any upcoming lifecycle replacements.
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Who would this property not suit?
It may not fit buyers seeking a modern, move-in-ready home without any projects, or those needing extensive main-floor square footage and multiple large bedrooms typical of a two-storey plan.