Property Overview
This 1971 bi-level home at 618 Elmhurst Road offers a practical and spacious foundation in a mature Winnipeg neighborhood. Its primary appeal lies in the combination of a large, 7,197 sqft lot and a finished basement, which effectively doubles the usable living space beyond the 882 sqft main floor. The property presents a solid value proposition, with an assessed value that ranks higher than most homes in the city. It suits buyers looking for a starter home or investment property with room to grow, either outdoors or by updating the interior over time. A less obvious advantage is its relative "newness" compared to other homes on its specific street, suggesting it may have fewer immediate age-related concerns than many neighbors. The appeal is for the hands-on buyer who sees potential in the generous lot size and the finished basement, rather than move-in-ready perfection.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for key metrics like lot size, age, and assessed value. For example, being newer than 62% of houses on its street is a positive indicator for that specific location.
2. What does a "finished basement" in a bi-level mean for living space?
In a bi-level, you walk into a mid-level landing. The finished basement typically refers to the lower level, which is partially above ground. This adds significant functional space for family, recreation, or storage, making the home feel larger than the main floor square footage suggests.
3. The lot is large, but what is the condition and potential?
At over 7,000 sqft, the lot is a major asset. Buyers should consider the current landscaping, maintenance needs, and the potential for gardening, expansion, or outdoor living spaces, which adds long-term value.
4. How should I interpret the varying rankings for age and size?
The home is newer than most on its block but smaller than most in the broader community. This indicates a street of older homes where this one is a relatively younger property, though its living area is compact compared to the neighborhood average.
5. Is the split garage a drawback?
A split (or tandem) garage allows for a two-car space in a narrower footprint. It's less convenient for accessing both vehicles simultaneously than a side-by-side garage but is a common and functional solution for the lot and home style.