Property Overview & Appeal
This 1972-built, one-storey home on a large 7,407 sqft lot in Elmhurst offers a practical and spacious foundation. Its key characteristic is a well-proportioned layout with 1,233 sqft of living space and a finished basement, providing ample room for a growing family or those who value single-level living with extra storage or recreational space. The split-style garage is a notable feature for this era of home, offering more flexible storage or workshop potential than a single door.
The appeal lies in its above-average lot size and strong positional value within Winnipeg, outperforming 86% of city properties on lot size. It suits buyers looking for a established, low-maintenance neighbourhood with room to breathe outdoors. It would particularly suit first-time buyers seeking a solid starter home with expansion potential, or downsizers who want a manageable single-level layout without sacrificing yard space. A thoughtful perspective is that while the home itself is middle-of-the-road for its community in terms of size and assessed value, the land it sits on is a significant and appreciating asset, offering long-term stability and options.
Frequently Asked Questions
1. How does the "finished basement" affect living space?
While the listing confirms a finished basement, the specific square footage, layout, and finish quality (e.g., recreational room, separate entrance) are not detailed here. This adds flexible living area but should be verified in a viewing.
2. What does the "split-style garage" mean practically?
Typically, this means two separate garage doors side-by-side, often with a supporting wall between them. This can be advantageous for separating vehicle storage from a workshop or lawn equipment, or for housing a wider vehicle.
3. The rankings show the home is newer than 70% on its street but older than 77% in Elmhurst. What does this indicate?
This suggests the immediate street may have a cluster of homes from a similar era, giving a consistent streetscape. However, the broader Elmhurst community has many newer properties, indicating an established but still evolving area with a mix of original and updated homes.
4. Is the $389,000 assessment a reliable guide for the listing price?
Municipal assessments are for tax purposes and reflect a mass-appraisal value from a prior date. The market price can be higher or lower based on condition, updates, and current market dynamics. It's a useful benchmark but not a definitive sale price.
5. What are the implications of such a large lot?
Beyond simple outdoor space, a lot of this size (over 1/6th of an acre) provides excellent potential for gardening, adding a deck or patio, and future expansions like a sunroom or shed, subject to local bylaws. It also typically means greater distance from neighbours compared to newer subdivisions.