70 Epsom Crescent

Property Overview

This 1981 four-level split home at 70 Epsom Crescent offers a practical and spacious layout in Winnipeg's Elmhurst neighborhood. Its key appeal lies in its generous 6,165 sqft lot and a finished, above-ground basement that expands the 1,640 sqft of living space, providing excellent functional room for a family. The home ranks notably well for its size and value within the broader Winnipeg context, placing in the top tiers for both living area and overall assessment value. Its established, 45-year-old character means systems may need attention, but it also offers mature landscaping and a settled streetscape.

It would suit a buyer looking for a solid, roomy family home with a large yard, who values space over a brand-new build and is comfortable with a multi-level floor plan. A thoughtful perspective is that while the home isn't new, its rankings suggest it is a competitively sized and valued property in the city, offering more house and land for the price compared to many alternatives. It's a home for those who see potential in a well-located canvas and prioritize indoor-outdoor living space.

Frequently Asked Questions

1. What are the main benefits of a four-level split layout?
This design typically creates distinct living zones, offering good separation between common areas, bedrooms, and the lower-level family or recreation space. It can provide more privacy than an open bungalow but involves more stairs than a standard two-story.

2. How does the lot size compare to typical properties?
At over 6,000 sqft, the lot is significantly larger than many in Winnipeg, ranking in the top 2% on its street. This allows ample space for gardening, play, and outdoor entertaining.

3. What might the "above 73% of Winnipeg" ranking for value indicate?
This suggests the home's municipal assessment is higher than most in the city, which can reflect its desirable lot size, finished living space, and the perceived stability of the Elmhurst area. It's a marker of its relative standing in the market.

4. For a home built in 1981, what should be a key consideration?
While the structure is mature, major components like the roof, windows, furnace, and plumbing may be at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and any upcoming capital expenses.

5. Does the finished basement add to the official living area?
No, the 1,640 sqft living area listed is typically the above-ground footprint. The finished basement provides valuable additional functional space but is not usually included in the official square footage calculation, making the home feel more spacious than the number alone suggests.