This 1982-built two-storey home sits on a generous 6,291 sqft lot in Elmhurst. Its primary appeal lies in offering above-average space and a well-established setting. With over 2,000 sqft of living area, it provides significantly more room than most homes in Winnipeg, ranking in the top 9% by size. The property includes a finished basement and an attached garage, adding practical, day-to-day value.
The home’s strength is its balanced positioning. It isn’t the newest or the most expensive on the block, but it consistently performs well across key metrics—land size, living space, and assessed value—often ranking in the top quarter to half within its immediate area. This suggests a solid, dependable property in a mature neighbourhood. It would particularly suit buyers looking for a spacious family home without venturing into premium pricing, offering a comfortable footprint and a settled community feel. The appeal is for those who prioritize interior space and a large yard over a brand-new build.
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What does the "relative ranking" data actually tell me?
It shows how this property compares to others nearby. For example, ranking in the top 26% for size on its street means it's larger than 74% of its direct neighbours, indicating a standout lot or home footprint in a well-established area.
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The house was built in 1982. What should I consider?
While the structure is mature, the rankings show it's newer than 64% of Winnipeg homes. Buyers should plan for a thorough inspection focusing on updates to major systems like roof, windows, and HVAC, which may be due for service or replacement, balanced against the value of the larger lot and space.
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How should I interpret the assessed value?
The municipal assessment of $512,000 is for tax purposes and is typically below market value. That it ranks higher (top 16% in Winnipeg) than the home's age ranking suggests the city views the property itself—likely due to its lot size and living space—as a valuable asset.
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Who is the ideal buyer for this property?
It's an excellent fit for families or those needing ample indoor and outdoor space who value a settled neighbourhood over a new subdivision. It also suits buyers comfortable with potentially updating a 40-year-old home to modern standards while benefiting from its established character and larger proportions.
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What are the less obvious pros and cons of a home like this?
A less obvious pro is the mature landscaping on a large lot, which can offer privacy and established gardens not found in newer builds. A consideration is that floor plans from the 1980s can differ from open-concept modern layouts; some may see this as a charming character point, while others may factor in renovation costs.