615 Elmhurst Road

Property Overview

This 1970-built bi-level home at 615 Elmhurst Road offers a practical and spacious family living environment. Its primary appeal lies in the generous, mature 7,804 sqft lot, which provides ample outdoor space for gardening, play, or future expansion in the established Elmhurst neighborhood. The home features a finished basement and a split garage, adding functional living and storage space. With an assessed value of $375,000, it presents a solid entry point into the market.

The property is best suited for first-time homebuyers, downsizers, or practical investors looking for a home with strong "good bones" potential. Its rankings indicate a lot size that is well above average for Winnipeg, which is a significant and less replaceable asset compared to interior finishes. Buyers should be prepared for a property where the value is anchored in the land and layout, with the understanding that a 56-year-old home may benefit from personalized updates over time.

Frequently Asked Questions

1. How does the "ranking" system work?
The rankings compare this property against others on its street, in its neighborhood, and across all of Winnipeg for specific metrics. For example, being in the "top 12%" for lot size in Winnipeg means 88% of properties have a smaller lot, highlighting a key strength.

2. The living area is listed as 936 sqft. Does this include the finished basement?
Typically, the listed "living area" refers to above-grade square footage. The finished basement provides additional living space but is often not included in that primary figure, meaning the total usable space is greater.

3. What are the implications of the home's age and assessment?
Built in 1970, buyers should budget for potential updates to major aging components like roofing, windows, or mechanical systems. The assessment value is used for property tax calculation; the sale price is determined by the current market.

4. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those who prioritize a large interior footprint over outdoor space, as the above-grade living area is modest relative to the lot size.

5. What is the significance of the split garage?
A split garage (often a double garage separated by a wall) offers flexible storage, potentially allowing for a workshop area or segregated space for lawn equipment alongside vehicle parking.