Property Overview: 790 Elmhurst Road
Key Characteristics & Appeal
This is a well-established, single-storey home on a large, mature lot in the Elmhurst neighborhood. Built in 1973, its primary appeal lies in its generous 8,157 sqft property—a significant and increasingly rare asset that offers ample outdoor space for gardening, play, or future expansion. With 1,476 sqft of living space and a finished basement, it provides practical, flexible room for a household.
The home’s competitive strength is clear in its rankings: it sits in the top third of Winnipeg for lot size and living area, meaning you get more physical space than most properties in the city. Its value is further underscored by an assessment that places it above two-thirds of Winnipeg homes. However, it presents a balanced profile, as it is an older home in a neighborhood of mixed vintage, which may appeal to buyers comfortable with the character and potential maintenance considerations of a mature property.
This property would suit a buyer looking for a grounded, long-term family home where land is the premium feature. It’s ideal for those who prioritize private outdoor space over a brand-new build, and for practical buyers who see the finished basement and attached garage as solid foundations for daily life. It’s less about flashy updates and more about inherent value and potential.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
Being in the top 11% for lot size in Winnipeg means this property’s 8,157 sqft parcel is larger than 89% of homes in the city. This is its most standout feature, offering exceptional outdoor space.
2. The home is over 50 years old. What should I consider?
While the systems and structure have stood the test of time, a thorough inspection is key. The age suggests potential upcoming investments in roofing, windows, or major mechanical systems, which should be factored into planning.
3. The community ranking for "newness" is low. Is that a concern?
This indicates the immediate neighborhood has many homes older than this one. This isn’t inherently negative—it often points to stable, established communities with mature landscapes—but it does mean you’re unlikely to see widespread new construction or modern styling on the street.
4. How does the assessment value relate to the asking price?
The municipal assessment of $408,000 is a tax valuation, not a market price. It does, however, signal that the city views this as a higher-value property relative to most in Winnipeg, which can be a useful benchmark during negotiations.
5. Who would this property NOT suit?
It may not be the best fit for someone seeking a modern, low-maintenance "turn-key" home or a dense, walkable urban environment. The appeal here is grounded in space, privacy, and the slower pace of an established neighborhood.