Property Overview & Key Characteristics
This two-storey home in Elmhurst offers a compelling blend of space, established charm, and a highly desirable location. Built in 1984, it sits on a large, mature lot of over 8,700 sqft, providing ample outdoor privacy and potential. With nearly 2,000 sqft of living space and a finished basement, the home caters well to families needing room to grow. Its standout appeal lies in its strong positional value: it ranks within the top tiers of the city for lot size, living area, and assessed value, consistently outperforming over 90% of Winnipeg homes in these key metrics. This suggests not just a comfortable home, but a property with significant intrinsic value in a sought-after neighborhood.
The home would suit buyers looking for a move-in ready, established property in a prime area without the premium of a brand-new build. It’s ideal for a family seeking space both indoors and out, or for a value-conscious buyer who understands that a larger, well-ranked lot in a mature community like Elmhurst is a finite asset. A less obvious perspective is its appeal to those wary of the maintenance or design constraints of much older homes; at 42 years old, major systems may have been updated, offering a balance between character and modern practicality.
Frequently Asked Questions
1. What does the high ranking in "Assessed Value" actually mean?
It indicates that the municipal property assessment for this home is higher than 90% of all homes in Winnipeg. This generally reflects strong market value fundamentals like location, lot size, and improvements, but it is not a direct guarantee of sale price.
2. Is a 1984-built home likely to have major issues?
While the home is well-established, its age means key components like the roof, windows, or furnace may be nearing or have reached their typical lifespan. A thorough inspection is crucial to identify any upcoming capital expenses, which is typical for homes of this era.
3. The lot is large, but what is the actual condition and maintenance required?
A mature lot of this size offers great privacy and space but often involves more upkeep—such as caring for established trees, shrubs, and a larger lawn—compared to newer subdivisions with smaller yards. This is a bonus for gardeners but a consideration for those wanting low maintenance.
4. Why is there no mention of recent renovations or updates?
The provided details focus on core structural and statistical data. Specific updates to kitchens, bathrooms, or systems are not listed here, so prospective buyers should inquire directly about the renovation history and condition of these important areas.
5. How does the "finished basement" add to the living space?
The finished basement effectively increases the usable square footage beyond the main 1,965 sqft, likely providing additional recreational, office, or guest space. It’s important to confirm the quality of the finish, ceiling height, and whether it includes proper egress to understand its full value and functionality.