Property Overview
This one-and-a-half storey home on Elmhurst Road presents a compelling blend of space, location, and established character. Its primary appeal lies in its exceptionally large, 10,121 sqft lot, which places it in the top 6% of all properties in Winnipeg for land size. This offers rare potential for gardening, expansion, or simply enjoying generous outdoor privacy within the city. The home itself, with 1,625 sqft of living space including a finished basement, provides ample room for a family. Key characteristics include a split garage and a classic, durable build from 1947.
The property suits buyers looking for a long-term home where the land itself is a major asset. It’s ideal for those who value outdoor space over a modern build, and for handy individuals or families who see potential in updating a solid, well-located home over time. A thoughtful perspective is that while the house is older (ranking in the top 78% by age in Winnipeg), its above-average size for the area and superior lot size suggest a foundation where value can be added through renovations, making it a strategic purchase for a patient buyer.
Frequently Asked Questions
1. What does the "one-and-a-half storey" design mean?
Typically, this style features a main floor with full-height ceilings and a second floor with sloped ceilings (following the roofline), often containing cozy bedrooms or bonus spaces. It's a classic, character-filled design common in homes of this era.
2. The home is older. What should I consider?
While the structure is solid and offers great space, a 1947 build will likely require updates to mechanical systems (like plumbing or electrical), windows, and insulation to meet modern efficiency standards. The recent sale history shows steady value appreciation, suggesting the core property is sound.
3. How significant is the lot size?
Very. At over 10,000 sqft, the lot is a standout feature, ranking higher than 94% of Winnipeg properties. This is a major asset for privacy, recreation, or future projects like a large deck, workshop, or addition, which is rare to find in established neighbourhoods.
4. Who is this neighbourhood best for?
Elmhurst is a mature, established community. The rankings show this specific street is highly desirable for property size and value. It suits those seeking a quiet, settled area with larger properties, good for families or those wanting a retreat-like feel without leaving the city.
5. The assessment value is higher than the last sale price. What does that indicate?
The city's assessed value for tax purposes ($421,000) is a snapshot and can differ from market value. The 2021 sale at $340,000 likely reflects the market at that time and the home's condition. The increase in assessment since then may reflect broader market trends and the inherent value of the large lot.