Property Overview: 8 Southwick Close, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Elmhurst offers a well-proportioned and updated living space. With 1,985 sqft of living area, it sits above the average size for both the neighborhood and the city, providing ample room for a family. Key features include a renovated basement and a private pool, which is a notable amenity for the area. The home was built in 1985, making it relatively modern compared to many Winnipeg houses, and it sits on a standard-sized lot of just over 6,000 sqft.
The primary appeal lies in its combination of space, updates, and desirable community amenities like the pool, all within a stable, established neighborhood. The home’s assessed value consistently ranks in the top tiers for its street, Elmhurst, and city-wide, indicating a property that has been maintained well and holds solid market standing.
This property would best suit a growing or established family looking for a move-in ready home with recreational space for children and entertaining. It’s also a strong fit for buyers who value a home with above-average square footage and modernized features in a mature neighborhood, without the need for a garage.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales on the street?
The home last sold in July 2021 for $64.80k, a price that was in the top 25% for Southwick Close at that time. A previous sale in August 2020 was at $54.50k. Its current assessed value of $59.10k ranks 2nd highest out of 15 homes on the street, suggesting its value has been sustained.
2. Is the living space significantly larger than other area homes?
Yes. With 1,985 sqft, this home is above the average for Elmhurst (1,523 sqft) and ranks within the top 16% of homes in the neighborhood for living area.
3. What does the "above average" ranking for the year built mean?
Built in 1985, this home is newer than most in Winnipeg. It ranks in the top 29% city-wide for its year of construction, meaning it is more modern than roughly 71% of homes in the city, which is often associated with more contemporary layouts and systems.
4. Are there any potential drawbacks to consider?
The home does not have a garage, which is a consideration for vehicle storage or workshop space. Additionally, while the lot is a good size, it is slightly smaller than the average lot within Elmhurst specifically.
5. What is the neighborhood context of Elmhurst like?
Elmhurst is an established neighborhood where this home’s metrics—like assessed value and living area—consistently rank above the local average. This suggests it is situated in a desirable pocket of the community, likely with well-maintained, similarly valued homes.