Property Overview: 783 Elmhurst Road
Key Characteristics & Appeal
This 1972 bi-level home sits on a generous 7,408 sqft lot in Winnipeg's Elmhurst neighborhood. Its key strength is the combination of above-average living space (1,718 sqft, ranking in the top 18% city-wide) and a fully finished basement, offering significant functional square footage for a growing household or those who value separate living areas. The property's overall assessed value ranks highly within its immediate street and the wider city, indicating a solid and competitive standing in the market.
The appeal lies in its established, spacious feel and practical layout. The large lot provides room for outdoor activities, gardening, or future expansion, which is a notable advantage over newer subdivisions. It suits buyers looking for a move-in-ready home with room to breathe, who prioritize interior space and land size over a brand-new build. It would be an excellent fit for a family seeking a long-term home in a mature neighborhood, or for someone who appreciates the character and larger plot sizes typical of this era, without wanting to take on a major renovation project. A less obvious perspective is that its strong rankings for size and value on its specific street suggest it's a standout property in its micro-location, potentially offering better relative value than similar homes on neighboring blocks.
Frequently Asked Questions
1. What does the "bi-level" style mean for daily living?
A bi-level features a short flight of stairs to the main living area (typically kitchen, living room, dining) and another short flight down to additional bedrooms and family space. It creates a natural separation between living and sleeping zones, which can be great for noise reduction, but involves more stairs than a bungalow.
2. The house was built in 1972. Should I be concerned about major systems?
While the home is well-maintained, a key priority for any inspection should be the age and condition of major components common to this era, such as the roof, windows, and the heating/electrical systems, to plan for future upkeep.
3. How significant is the lot size?
At over 7,400 sqft, the lot is substantially larger than many modern lots. This not only provides more private outdoor space but can also contribute to long-term value, privacy, and flexibility that is harder to find in newer developments.
4. The community ranking for "newness" is lower. What does that indicate?
This simply reflects that the Elmhurst neighborhood contains many homes newer than this 1972 build. It doesn't speak to the condition of this specific home, but confirms the area is a mix of established and more recent properties.
5. What is the significance of the fully finished basement?
It immediately adds usable living space without the need for a renovation. This is a major asset, whether used as a rec room, home office, or additional guest space, and is a cost already absorbed by the current owner.