Property Overview
This 1968-built bungalow at 79 Epsom Place offers a classic, low-maintenance living format on a generously sized lot in Elmhurst. Its key appeal lies in the combination of a fully finished basement, a split garage, and a land area that ranks in the top 15% city-wide for size, providing excellent outdoor potential. The home’s assessed value positions it accessibly within the Winnipeg market.
It would suit first-time buyers or downsizers looking for a manageable single-story layout with room to grow or customize, particularly those who value a larger, private yard over a larger interior footprint. A thoughtful perspective is that while the house itself is modest in size and era, the lot represents a significant asset—offering future expansion possibilities or simply a rare amount of green space for the neighborhood that you can’t replicate in newer subdivisions.
Key Details & FAQs
Key Characteristics:
- Layout: One-storey bungalow (1,023 sqft living space) with a fully finished basement.
- Lot: A standout feature at 7,278 sqft, larger than 85% of Winnipeg properties.
- Parking: Split garage.
- Location: Situated in the Elmhurst neighborhood of Winnipeg.
- Value Position: The property’s assessed value is higher than 58% of Winnipeg homes, but its lot size and finished basement offer competitive advantages not fully reflected in its living area alone.
Who It's For:
This home is ideal for practical buyers who see potential beyond the original floor plan. It appeals to those who prioritize outdoor space for gardening, play, or entertaining, and who appreciate the flexibility a finished basement provides for family, hobbies, or a home office. It’s a property where the land is a leading feature.
Frequently Asked Questions
1. How does the larger lot size impact property costs?
While it increases the property's asset value and desirability, it may also lead to slightly higher property taxes and maintenance (like lawn care or snow clearing) compared to homes on standard-sized lots in the area.
2. Is the 1968 construction date a concern?
Homes from this era are common in Winnipeg. The key will be the upkeep of major systems like roof, windows, and heating, which may be original or nearing the end of their lifespan. A thorough inspection is advised.
3. What does the "split garage" configuration mean?
Typically, this describes a double garage that is divided into two separate single bays, often with individual doors. It offers more flexibility than a single large door but may feel tighter for larger vehicles or workshop space.
4. The living area is noted as modest. How livable is the space?
The 1,023 sqft main floor is a classic bungalow layout. The fully finished basement effectively doubles the usable space, making the home feel much larger than the main floor square footage suggests, crucial for evaluating its true capacity.
5. The community rankings for "newness" are low. What does that indicate?
This simply reflects that Elmhurst is an established, mature neighborhood. This often translates to larger lots, mature trees, and settled communities, but fewer modern-built homes. It's a trade-off between character and potential update needs.