Property Overview & Appeal
This 1979-built, single-storey home in Elmhurst offers a practical and spacious family living environment on a notably large, approximately 9,600 sqft lot. Its key characteristics include a fully finished basement, an attached garage, and nearly 1,200 sqft of living space. The appeal lies in its established neighbourhood setting combined with significant property scale, providing room to breathe and potential for outdoor projects or expansion. The home’s assessed value ranks highly within its local context, suggesting a solid investment in a desirable area.
It would best suit buyers looking for a manageable single-level layout, perhaps downsizers or young families seeking a stable community with room for children to play. The generous lot size also appeals to those with gardening ambitions or future renovation plans, offering a canvas that’s increasingly rare in newer subdivisions. A less obvious perspective is the value of a home from this era: construction often features robust materials and simpler, more durable layouts that are easier to customize than many contemporary builds.
Frequently Asked Questions
1. What does the high lot size ranking actually mean?
It means this property’s land area is larger than 96% of other lots on its street and 87% within Elmhurst. This is a standout feature, offering more privacy and outdoor space than most comparable homes in the immediate area.
2. Is the finished basement included in the listed living area?
No, the 1,198 sqft living area refers to the above-ground footprint. The finished basement provides additional, flexible space that is not counted in that official figure.
3. How should I interpret the various ranking percentages?
The rankings show how this property compares to others in three geographic circles: its specific street, the broader Elmhurst community, and all of Winnipeg. For example, ranking in the “top 7%” city-wide for lot size highlights its exceptional outdoor space.
4. What are the considerations for a home built in 1979?
While offering solid construction, a home of this age will likely have systems (like roofing, windows, or the furnace) that are at or beyond their typical lifespan. A thorough inspection is advised to plan for potential updates, which can also be an opportunity to customize.
5. Does the high assessed value guarantee the selling price?
No, the assessed value is for municipal tax purposes and is a historical snapshot. It is a useful data point indicating the home’s relative standing in the market, but the final sale price will be determined by current market conditions, buyer demand, and the property’s specific condition.