Property Overview: 79 Woodview Bay
Key Characteristics & Appeal
This 1983-built two-storey home in Elmhurst offers a well-proportioned 1,620 sqft of living space on a spacious 5,062 sqft lot, featuring a finished basement and an attached garage. Its core appeal lies in its established, mature setting combined with above-average rankings for its size and age within the immediate area. The home ranks highly on its street for living space (top 17%) and is notably newer than most of its neighbors (top 2%), suggesting a well-situated property in a settled community. With an assessed value of $450,000, it positions itself in the top third of homes on its street for valuation.
This property would suit buyers looking for a ready-to-move-in family home in a mature Winnipeg neighborhood, who value more interior space and a larger lot than many in the local area offer. It’s a practical choice for those who appreciate the character of an established community but want a home that is relatively newer compared to its immediate surroundings. The finished basement adds functional space for a growing family or hobbies.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in specific geographic areas. For example, ranking in the "top 2%" for age on its street means it is newer than 98% of other homes on Woodview Bay, a sign of a relatively younger home in an older area.
2. Is the $450,000 price the asking price?
No, this figure is the municipal assessed value for taxation purposes. The actual listing or sale price would be set by the seller and can differ based on the market.
3. What are the advantages of a 1983-built home in this area?
Built after many in the neighborhood, it may incorporate more modern construction standards of that era while still benefiting from mature landscaping and established community infrastructure—a balance between newer build features and an older neighborhood's charm.
4. How significant is the lot size?
At over 5,000 sqft, the lot is a substantial feature, offering more outdoor space than many properties. This is appealing for gardening, play areas, or future additions like a deck or shed, providing a sense of privacy and room to expand.
5. What might the rankings for 'Assessment Value' indicate?
Ranking higher than 69% of homes on its street for assessed value suggests the municipality views this property as having above-average worth in its direct vicinity, which can be a marker of its condition, size, and desirability within the micro-market of the street itself.