Property Overview: 46 Epsom Crescent
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Elmhurst offers a classic and practical layout on a generously sized lot. Its key features include 1,219 sqft of living space, a fully finished basement, and a detached garage. Built in 1968, the home presents a solid opportunity for buyers seeking a established property with room to personalize.
The primary appeal lies in its exceptional land size—at nearly 7,800 sqft, the lot surpasses 85% of others on its street and offers significant outdoor space rare for the city. This is complemented by strong overall value rankings within Winnipeg, particularly for lot size and assessed value. The home suits buyers looking for a quiet, mature neighborhood with space for gardens, play, or future expansion. It’s ideal for those who prioritize a large yard over a brand-new build and are comfortable with a property that has good underlying value but may benefit from updates over time. A thoughtful perspective is that while the home’s interior size and age rankings are moderate, the standout lot provides a tangible asset and flexibility that newer subdivisions often lack, appealing to long-term planners or those valuing outdoor privacy.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 7,794 sqft lot is a major feature, ranking in the top 15% on its street and top 12% across all of Winnipeg, offering substantially more outdoor space than average.
2. What is the condition and layout of the basement?
The basement is fully finished, adding to the usable living space beyond the main floor's 1,219 sqft. Specifics on rooms, ceiling height, and finishes should be verified via a viewing or inspection.
3. Are there any known concerns with a home from 1968?
As with any home of this age, systems like plumbing, electrical, and the roof should be carefully evaluated during an inspection to understand their condition and any potential update needs.
4. How does the 2020 sale price relate to the current asking price?
The home sold for $355,000 in August 2020. The current assessed value is $415,000. Market conditions, improvements, and the unique lot value contribute to this change, and a professional appraisal can provide specific valuation insights.
5. What is the neighborhood like for families or daily living?
Elmhurst is a mature, established community. The high lot-size ranking suggests a neighborhood with spacious properties, offering a sense of openness while still being within Winnipeg. Proximity to schools, transit, and amenities should be investigated further.