Property Overview
This 1943 one-and-a-half storey home on a large, nearly 10,000 sqft lot in Elmhurst presents a distinct opportunity. Its key appeal lies in the substantial, mature property—a rarity that ranks in the top 6% for size across Winnipeg—offering immense potential for gardening, expansion, or simply enjoying generous outdoor space. The home itself is modest at 1,120 sqft with a finished basement, representing a classic, solid post-war build. Its value proposition is clear: it is a land-forward investment in an established neighbourhood. The rankings indicate the house itself is older and more modestly assessed than most in the area, suggesting it is ideally suited for a buyer looking for a character home on a premier lot, willing to update or renovate over time. This property would perfectly suit a hands-on buyer, a growing family seeking space to play and grow, or an investor who recognizes the long-term value of land in a mature community.
Frequently Asked Questions
1. What does the "one-and-a-half storey" design mean?
Typically, this style features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with character. It's a classic design from its era, offering efficient use of space.
2. The lot size is a major feature. Are there any restrictions on how it can be used?
While the lot offers great potential, any plans for additions, new structures, or significant landscaping would require checking with the City of Winnipeg's zoning bylaws and obtaining the necessary permits.
3. The home's assessed value ranks lower than its lot size. What does this indicate?
This often suggests that the value is weighted more toward the land itself rather than the current structure. It can point to a home that may require modernization, but where the underlying property is the key asset.
4. There's no garage. Is adding one feasible?
Given the lot's large size, adding a garage or carport is likely feasible from a space perspective. However, feasibility would depend on setback requirements, utility locations, and budget, making it a key point for due diligence.
5. The house was built in 1943. What should I be mindful of?
While offering charm, homes of this age may have original plumbing, electrical, or insulation systems. A thorough inspection is essential to understand the condition and plan for any necessary updates to improve comfort and efficiency.