Property Overview & Key Characteristics
This 1987-built two-storey home in Elmhurst offers a well-established, spacious family footprint on a large lot. Its key appeal lies in the combination of generous interior space (1,842 sqft, ranking in the top 2% on its street) and a substantial, private yard (7,681 sqft). The home features a finished basement and an attached garage. Its standout characteristic is its strong overall value position within Winnipeg, ranking higher than 87% of city homes for lot size and 86% for living area. The property is not just large, but also well-situated within its established neighbourhood, outperforming most nearby homes in terms of size, assessed value, and relative modernity.
The home suits buyers looking for move-in-ready space without a new-build price tag. It's ideal for a growing family that prioritizes indoor and outdoor room to grow over a brand-new construction. It also appeals to the value-conscious buyer who understands that its high percentile rankings in key metrics—like being in the top 3% of its street for assessed value—signal a property that has historically held solid equity and desirability in its local market.
Frequently Asked Questions
1. What does the "finished basement" entail?
The listing confirms a finished basement, which adds valuable flexible living space. Prospective buyers should inquire about the finish quality, ceiling height, and whether it includes a proper egress window to understand its full functionality and safety.
2. How does the 1987 build year affect the home?
Built in 1987, the home is past its initial depreciation but is also from an era with modern wiring and plumbing standards. Buyers should be prepared for the potential updating of original components, such as windows, roof, or major appliances, which may be nearing the end of their service life, while appreciating the mature landscaping and settled structure.
3. The lot is large, but how is it oriented and landscaped?
At over 7,600 sqft, the lot offers exceptional outdoor potential. The value of this space heavily depends on its orientation (for sun exposure), current landscaping (maintenance level), and privacy. This is a key feature to assess in person or via street view.
4. What is the significance of the high percentile rankings?
These rankings show the property is a top performer in its immediate area for size and value. For example, ranking in the top 14% in Winnipeg for living area means it offers more space than the vast majority of city homes, which is a durable asset. It indicates you are buying a property that stands out in its peer group.
5. What is the neighbourhood character of Elmhurst?
As an established Winnipeg neighbourhood, Elmhurst typically offers a quiet, residential feel with mature trees and a mix of long-term residents. The high rankings within the community suggest this street is among the more desirable within the area. Buyers should visit at different times to gauge traffic and neighbourhood activity.