Property Overview
This 1968-built, one-storey home in Elmhurst presents a practical and spacious family offering. Its key characteristic is the generous 6,849 sqft lot, which places it in the top 18% of all Winnipeg properties for land size, providing exceptional outdoor space for gardening, play, or future expansion. The 1,134 sqft living area is supplemented by a finished basement, adding valuable functional space. While the home itself is of average size for its neighborhood and shows its age in ranking, its appeal lies in the solid foundation it offers: a large, established property in a mature community with the work of a finished basement already complete. It would suit a buyer looking for a land-value proposition—someone comfortable with the character and potential maintenance of a 58-year-old home but who prioritizes a large yard over a modern build. A thoughtful perspective is that this property offers room to grow out rather than up, which can be a rarer and sometimes more flexible option than adding a second storey.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for metrics like size, age, and assessed value. For example, being newer than only 8% of homes in Elmhurst confirms it's one of the older homes in the area, while its land size ranking in the top 18% city-wide highlights the lot as a standout feature.
2. What does the assessment value indicate?
The $380,000 assessment is a municipal valuation for tax purposes and is a data point in market evaluation. It sits in the top 40% for Winnipeg, suggesting the city views the property as above median value, likely due to its large lot and finished basement.
3. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income potential.
4. What are the implications of the home's age?
Built in 1968, the home may have original or older mechanical systems (like plumbing, electrical, and heating) and components (like windows and roof). A thorough inspection is advised to budget for potential updates or maintenance.
5. What is the neighborhood character of Elmhurst?
As a mature neighborhood with many homes from a similar era, Elmhurst likely offers established landscaping, larger lot sizes, and a settled community feel. The rankings show this home is on the older side even for this area, so streets may feature a mix of original homes and renovated properties.