75 Woodfield Bay

Property Overview: 75 Woodfield Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Elmhurst is defined by its practicality and value. Its key characteristic is its compact, 924 sqft living area, which is notably smaller than most homes on its street and in the wider area. This is paired with a recently renovated basement, adding functional space. The lot size is modest at 3,915 sqft, the smallest on Woodfield Bay.

The primary appeal lies in its affordability and efficiency. With a recently sold price and assessed value significantly below area averages, it represents a clear entry point into the Elmhurst neighborhood. It suits first-time buyers, downsizers, or investors seeking a low-maintenance, cost-effective property. The renovated basement is a major functional bonus, offering flexibility for a recreation room, home office, or rental suite (subject to regulations). A thoughtful perspective is that this home prioritizes location and financial accessibility over square footage, appealing to those who value community proximity and a simpler footprint over a large house.

Section 2: Frequently Asked Questions

1. Is the home significantly smaller than its neighbors?
Yes. At 924 sqft, the living area is below average for Woodfield Bay, Elmhurst, and the city overall. This is the defining feature of the property.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and potential uses of the space.

3. How does the property's value compare?
Its assessed value is well below averages for its immediate street and the Elmhurst area, though it is closer to the citywide average. This indicates it is a more affordable option within this specific neighborhood.

4. Who might this property not suit?
It may not suit buyers requiring substantial above-ground living space, multiple bedrooms on one level, a large yard, or garage parking, as it has none of these features.

5. The lot is noted as the smallest on the street. Is that a concern?
While it offers less private outdoor space than neighbors, it also translates to less yard maintenance. The trade-off is a lower-cost entry to the location with a manageable exterior.