Property Overview
816 Elmhurst Road presents a well-established, single-family home on a notably large lot in a mature Winnipeg neighbourhood. Its primary appeal lies in the combination of generous, private outdoor space and a practical, move-in-ready layout. The home suits buyers looking for a quiet, grounded setting with room to breathe, particularly those who value a large yard for gardening, children, or pets over a brand-new build. It’s also a strong match for anyone seeking a home with immediate livability, as it features a finished basement and attached garage.
A few less obvious points stand out. While the home was built in 1973, its land size ranks in the top 4% city-wide, a rare commodity that offers future potential. The property’s assessed value ranks significantly higher than its age, suggesting it is well-maintained and situated in a desirable location within its community. This creates a value proposition centred on land and location rather than a modern floor plan.
Key Characteristics & Ideal Buyer
- Spacious Lot & Established Setting: The over 11,000 sqft lot is the star feature, placing it in the top 4% of all Winnipeg properties for size. It offers exceptional privacy and space for outdoor activities or expansion.
- Practical & Livable Home: This is a functional, one-storey home with 1,546 sqft of living space and a finished basement, providing ample room for a family. The attached garage adds daily convenience.
- Strong Value & Positioning: With an assessment ranking in the top 21% in Winnipeg and top 8% in its neighbourhood, the property is positioned as a above-average value within its market.
- Ideal Buyer Profile: This home is an excellent fit for downsizers seeking a manageable single-level layout without sacrificing yard space, or for growing families prioritizing a large, safe outdoor area in a quiet community. It suits a practical buyer who appreciates the character and mature landscaping of an established area.
Frequently Asked Questions
1. What is the neighbourhood like?
Elmhurst is a mature, established neighbourhood in Winnipeg. The property's rankings show it outperforms 92% of homes in its immediate community for lot size and 65% for assessed value, indicating it is in a desirable and well-regarded part of the area.
2. Is there room for expansion or renovation?
The exceptionally large lot provides a rare opportunity for potential additions, such as a deck, garage, or garden suite (subject to city bylaws and zoning). The age of the home means some systems may be due for updates, but the solid lot size is a major asset for future possibilities.
3. How does the age of the home affect its condition and costs?
Built in 1973, the home is over 50 years old. Prospective buyers should budget for the maintenance and potential updating expected for a home of this vintage, such as roofing, windows, or mechanical systems. A thorough inspection is recommended.
4. Why is the lot size ranking so much higher than the home size ranking?
This highlights the property’s unique offering. While the living space is comfortable and above average, the lot is exceptionally large. This means you are acquiring a premium piece of land—a scarce resource in the city—with a comfortable home on it.
5. What does the finished basement include?
The listing confirms the basement is finished, meaning it has developed living space such as rec rooms, bedrooms, or offices. The specific layout, ceiling height, and finish quality should be verified during a viewing.