Property Overview & Appeal
59 Avril Lane is a spacious, two-storey family home built in 1984, situated on a large 5,000 sqft lot in Elmhurst. Its primary appeal lies in its generous 2,273 sqft of finished living space, which ranks within the top 5% of homes in Winnipeg for size. The home features a finished basement, adding to its functional living area. While it lacks a garage or pool, its value is anchored in its substantial square footage and established lot.
The property presents a compelling case for specific buyers. It would suit a family seeking ample indoor space over premium modern finishes, or a value-conscious buyer looking for a "blank canvas" home on a large lot with renovation potential. Its age and ranking data suggest it's a well-sized home in a mature neighbourhood, likely appealing to those who prioritize space and location over new-build amenities. A thoughtful perspective is that its high percentile rankings for size and lot, paired with a more moderate ranking for assessed value, could indicate an opportunity to add value through updates.
Key Questions for Consideration
1. What does the "ranking" data actually mean?
The percentile rankings compare this home to others on its street, in Elmhurst, and across Winnipeg. For example, being newer than 98% of houses on its street but only 34% in Winnipeg shows it's a relatively newer home in an established area.
2. The home is above average in size but average in assessed value for the area. Why?
This can be common for older, spacious homes that haven't been recently updated. The assessment reflects its current condition and market position, suggesting the value is in the existing space and land rather than high-end finishes.
3. Who would this property not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home with a garage or those wanting a brand-new neighbourhood feel. The lack of a garage is a specific consideration for vehicle storage or workshop space.
4. How significant is the finished basement?
A finished basement in a home of this size significantly increases the usable living area, which is a major asset. It's important to understand the quality and layout of that finish, as it can range from casual rec rooms to proper living spaces.
5. The lot is large, but what are the implications?
A 5,000 sqft lot offers great outdoor space for families or gardening. However, it also means more yard maintenance. For some, this is a benefit; for others, it's a consideration in terms of time or upkeep costs.