Property Overview
This 1972-built, one-storey home on a generous 7,390 sqft lot in Elmhurst presents a practical and value-oriented opportunity. Its key appeal lies in its established neighbourhood setting, a fully finished basement adding functional living space, and a split garage offering flexible storage or workshop potential. With 1,003 sqft of above-ground living area, it suits first-time buyers seeking a manageable footprint, downsizers looking for single-level living without a condo fee, or investors interested in a solid rental property in a mature area. A thoughtful perspective is its relative ranking: while the home itself is average in size for its area, the lot size is notably above average, offering valuable outdoor space and future potential that is increasingly rare. Its overall assessed value ranks competitively, suggesting it is a squarely positioned, no-frills property in the market.
Frequently Asked Questions
1. How does the age of the home affect maintenance?
Built in 1972, major systems like the roof, windows, and plumbing may be at or past their typical lifespan. A thorough inspection is crucial to budget for potential updates, but the home has also benefited from decades of neighbourhood maturation and established landscaping.
2. What are the advantages of a split garage?
A split garage (typically two separate single bays) offers more flexibility than a single double-door garage. It can allow for a dedicated workshop or storage area separate from vehicle parking, or facilitate easier access when multiple people are coming and going.
3. The living area is noted as "average" for the city. How does the layout feel?
At just over 1,000 sqft on the main floor, the layout will be functional and efficient rather than spacious. The fully finished basement effectively doubles the usable living space, making the overall footprint more comfortable for daily life.
4. The lot is significantly larger than average. What does that mean for me?
A 7,390 sqft lot provides ample private outdoor space for gardening, recreation, or entertaining—a premium in mature neighbourhoods. It also may offer more options for future additions, like a deck, shed, or even a suite, subject to zoning bylaws.
5. How should I interpret the various ranking percentages provided?
These rankings compare this property to others on its street, in Elmhurst, and across Winnipeg. They show that while the home is middle-of-the-road in terms of size and assessed value for its immediate area, its lot size is a standout feature. The city-wide rankings indicate it offers a balance of space and value within the broader Winnipeg market.