Property Overview: 6 Epsom Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Elmhurst offers a classic and practical layout on a large, mature lot. Its key features include 1,142 sqft of living space, a finished basement, and a detached garage. Built in 1967, the home presents a solid opportunity for buyers comfortable with the character and potential of an older property.
The primary appeal lies in its space and location. The lot size of over 7,500 sqft is a significant asset, ranking in the top third for the neighborhood, offering ample outdoor privacy and potential. While the home itself is not new, its assessed value ranks higher than its sale price did in 2022, suggesting perceived stability. It suits buyers looking for a grounded, no-frills home in an established area—perhaps a first-time buyer seeking room to grow, a downsizer wanting a manageable single-level layout without a tiny yard, or an investor attracted by the substantial lot size in a stable community. A thoughtful perspective is that while the home’s age places it in the older segment for the street, this can represent a value proposition for those willing to personalize it over time, supported by the desirable land it sits on.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value?
While the build year of 1967 places it in the older tier for the immediate area, the property derives significant value from its large lot. Buyers should budget for potential updates common to homes of this era but can be confident in the asset of the land itself.
2. Is the price competitive for the neighborhood?
The home’s current assessed value is higher than its 2022 sale price, and it ranks well in terms of lot size within Elmhurst. This suggests it is positioned within the market range, with the lot being a key driver of its value.
3. Who would this property suit best?
It’s an excellent fit for practical buyers prioritizing indoor-outdoor space over a modern, turn-key finish. The single-storey layout is ideal for those seeking accessibility or simple living, and the large yard is perfect for families, gardeners, or pets.
4. What does the “finished basement” entail?
The listing confirms a finished basement, which adds valuable flexible space for recreation, storage, or guests. As with any older home, viewing it in person is essential to understand the finish quality and any moisture considerations.
5. How does the detached garage impact convenience?
A detached garage offers secure storage and parking but requires going outdoors to access the house. This is a typical feature for the area and era, and some buyers may see the separate structure as a bonus for workshops or projects.