638 Elmhurst Road

Property Summary: 638 Elmhurst Road, Winnipeg

Key Characteristics & Appeal

This 1971-built, single-story home sits on a generous 7,196 sqft lot in the Elmhurst neighbourhood. With 1,125 sqft of living space and a finished basement, it offers practical, single-level living. The property's standout feature is its land size, which is larger than 84% of homes in Winnipeg, providing significant outdoor space and potential. Recent market activity is confirmed by a 2022 sale at $375,000, slightly above the current assessed value of $356,000.

Its appeal lies in its grounded, no-frills practicality. It suits first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or investors attracted by the established neighbourhood and solid lot value. A thoughtful perspective is that while the home's interior metrics rank in the middle ranges locally, the lot size is a standout asset that offers long-term flexibility—whether for gardening, expansion, or simply as a premium in an area where smaller lots are common. It represents a classic Winnipeg trade-off: a modest, older home on a substantial piece of land, appealing to those who value space and location over turn-key modern finishes.

Frequently Asked Questions

1. How does the 2022 sale price compare to the current asking price?
The listing shows a 2022 sale at $375,000. The current asking price is not provided in this data, so a direct comparison isn't possible. The city's current assessed value is $356,000.

2. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, its lot size is larger than 84% of all Winnipeg homes, which is a strong ranking. Conversely, its build year is newer than only 49% of Winnipeg homes, indicating it's an older property city-wide.

3. Is the basement included in the 1,125 sqft living area?
Typically, "living area" refers to above-ground, finished space. The listing specifies a finished basement separately, so the 1,125 sqft is likely the main and upper floor total.

4. What are the implications of having no garage?
This means parking and storage will require planning. Buyers should budget for potential driveway paving or the future addition of a garage/shed, considering the large lot provides ample space for such projects.

5. The community ranking for build year seems low. Is the area outdated?
The home is older than 80% of homes in its specific community, suggesting the immediate neighbourhood may have many newer homes. This doesn't mean the area is outdated; rather, it indicates this is one of the older homes on the block, which could influence character and potential redevelopment interest.