Property Summary: 709 Laxdal Road
Section 1: Key Characteristics & Appeal
This well-situated Elmhurst bungalow offers a practical and comfortable living space on a generous, mature lot. Its key characteristics include a fully finished basement, an attached garage, and a functional 1,088 sqft main-floor layout typical of its 1970 construction era. The appeal lies in its established neighborhood setting and its notable land size of over 7,300 sqft, which provides ample outdoor space and ranks in the top 14% for lot size across Winnipeg—a significant asset for gardening, play, or future expansion.
The property suits first-time buyers or downsizers seeking a manageable single-story home with immediate move-in readiness and low-maintenance living. It also presents a solid opportunity for value-conscious investors or renovators, given the larger-than-average lot offers potential that isn't reflected in the current modest square footage. A thoughtful perspective is that while the home's interior size and age rank in the middle to lower tiers locally, the superior lot size represents a tangible and appreciating component of the property's long-term value, balancing its vintage features.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home's assessed value is moderately positioned, ranking higher than about half of all Winnipeg homes but lower than two-thirds of houses on its own street. This suggests it may offer relative value within a desirable Elmhurst streetscape.
2. Is the lot size a significant advantage?
Yes. The 7,357 sqft lot is a standout feature, placing it in the top 14% city-wide. This is considerably larger than many modern lots and allows for more privacy, outdoor activities, and future possibilities like a shed, deck, or garden.
3. What does the ranking data for "Build Year" indicate?
The data shows the 1970 build date is newer than 57% of homes on its street, but older than most in the broader community. This points to a street with many character homes of a similar vintage, which can contribute to neighborhood consistency and charm.
4. The last sale was in 2020; what does that price history suggest?
The 2020 sale price ranked in the lower tiers for the street and city at that time. This could indicate the property has been a value-oriented option, or that it may have seen updates or market appreciation since that transaction.
5. Who would this property not suit?
Buyers seeking a modern, open-concept layout or extensive square footage on the main floor may find the original floor plan limiting. It may also not fit those wanting a brand-new home without any elements of maintenance or updates that come with a 50+ year-old house.