Property Overview
This 1985-built, single-story home in Elmhurst offers a practical and comfortable living space on a generous, mature lot. Its key appeal lies in its established neighborhood setting and functional layout. The 1,417 sqft home features a fully finished basement and an attached garage, providing good utility for its size. The lot of over 6,000 sqft is a significant asset, offering ample outdoor space that is increasingly rare in newer subdivisions.
The property's competitive rankings present a nuanced picture: while its living area is above average for Winnipeg, it sits on the larger side for its immediate street. This suggests a home that offers more interior and exterior space than many of its closest neighbors. It would suit a buyer looking for a solid, move-in-ready bungalow without the premium of a brand-new build—ideal for downsizers, small families, or investors seeking a stable rental property in a well-established area. Its broad appeal across city-wide metrics indicates a sound, middle-market investment.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all Winnipeg. For example, being in the "top 32%" city-wide for living area means 68% of Winnipeg homes are smaller. It's a quick way to gauge how it stacks up in key categories.
2. Is the finished basement included in the 1,417 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The fully finished basement is an additional bonus space, adding significant functional room to the home's total usable area.
3. The home is older; should I be concerned about major repairs?
Built in 1985, major systems like the roof, windows, or furnace may be at or beyond their typical lifespan. A thorough inspection is advised to budget for potential updates, though the home has passed the period for initial "builder defect" issues common in much newer homes.
4. How does the lot size benefit me?
At over 6,000 sqft, the lot provides ample space for gardening, recreation, and privacy—a feature often sacrificed in newer developments. It also represents long-term value, as land is a appreciating component of the property.
5. The assessed value is $470,000; is that the expected selling price?
The municipal assessment is for tax purposes and reflects a mass appraisal from a prior date. The market price is determined by current supply, demand, and condition, and can be higher or lower. It's a useful benchmark, but not a direct price predictor.