This two-storey family home in Elmhurst offers a well-established presence on a generous 7,199 sqft lot. Built in 1985, its key appeal lies in its above-average space and value within its context. With 1,779 sqft of living area and a finished basement, it provides practical room for family life. The property’s strength is reflected in its competitive rankings: it sits within the top 15-20% of Winnipeg homes for lot size, living area, and assessed value, suggesting a solid, above-par offering for its category. Its appeal is grounded in space, established community character, and a sense of value relative to broader market prices. This home would suit buyers looking for a move-in ready, spacious family house without a premium new-build price tag, particularly those who prioritize a large yard over an attached garage. A thoughtful perspective: while the home ranks highly for size and value, its age means it competes on livability and updates rather than modern design, appealing to those who see potential in a well-located structure.
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What does the ranking data actually tell me?
The rankings show this home performs very well in direct statistical comparisons. Its lot size, living space, and assessed value are all in the top 15-20% citywide, indicating you get more space and municipal-assessed value than most Winnipeg properties. In its own neighborhood, it ranks even higher for value.
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The home was built in 1985. What should I consider?
While well-maintained, a home of this age may have original or aging major components, like the roof, windows, or HVAC system. A thorough inspection is key. On the positive side, it often means mature landscaping and an established, settled structure in a developed community.
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There's no garage. Is that a major drawback?
This depends on your lifestyle. The large lot does offer potential for adding a garage or shed in the future (subject to bylaws). For buyers who prioritize indoor living and yard space over vehicle storage, or who may use street parking, this can be a trade-off for the property's other strengths.
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How does the finished basement add value?
It immediately increases usable living space for recreation, a home office, or guest areas. It’s a functional advantage over homes with unfinished basements, but ensure the finish quality and moisture control are up to standard.
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Who is the most likely buyer for this property?
This home is an excellent fit for growing or established families seeking space indoors and out in a mature neighborhood. It's also suitable for value-conscious buyers looking for a property with above-average metrics who are comfortable with a home that may benefit from personalized updates over time.