Property Overview & Key Characteristics
This 1979 one-storey home in Elmhurst presents a compelling opportunity centered on its land and location. The property's standout feature is its generous 8,099 sqft lot, which places it in the top tier for size within its immediate area, offering significant outdoor space and potential. The home itself is a practical 1,114 sqft layout with a finished basement and a detached garage. Its appeal lies in this balance: a manageable, single-level living space paired with a large, private yard—a combination that is increasingly rare. The property's overall assessed value ranks highly compared to most of Winnipeg, suggesting a solid foundation.
This home would suit a buyer looking for a long-term project or a peaceful retreat within the city. It's ideal for someone who values private outdoor space for gardening, children, or pets over a large interior footprint. First-time buyers or downsizers seeking a single-storey layout without sacrificing yard size will find it particularly fitting. A thoughtful perspective is that while the home's living area is modest, the expansive lot offers a blank canvas for future expansion, landscaping, or simply enjoying a level of privacy uncommon in older neighbourhoods.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large, ranking in the top 11% city-wide. At over 8,000 sqft, it provides substantially more outdoor space than the average Winnipeg property.
2. Is the basement included in the listed living area?
No. The 1,114 sqft figure refers to the above-ground living area. The home also features a separate, finished basement, which adds additional functional space.
3. What does the property's high assessment ranking mean?
The assessment ranking compares its municipal valuation to other homes. Ranking higher than 69% of Winnipeg properties indicates that, based on official assessment, it is considered more valuable than a majority of homes in the city.
4. The home was built in 1979. What should I consider?
While the structure is nearly 50 years old, its systems (like roof, windows, furnace) may have been updated over time. A key consideration is not just the age, but the maintenance and upgrades it has received since its last sale in 2016.
5. The living area ranks lower than the lot size. What's the trade-off?
This highlights the property's specific value proposition. You are trading a larger interior for a much larger exterior. The appeal is in the land and potential, making it perfect if outdoor space is a priority, but it may require compromise on indoor square footage compared to newer subdivisions.