Property Summary: 826 Laxdal Road
Key Characteristics & Appeal
This 1971-built, one-storey home in Elmhurst sits on a generous 7,197 sqft lot, offering more outdoor space than most Winnipeg properties. Its key features include a fully finished basement and a detached garage. With 988 sqft of living space, it presents as a manageable, single-level layout.
The appeal lies in its balance of established community character and relative value. The lot size is a significant asset, ranking in the top 15% city-wide, providing ample room for gardening, play, or expansion. While the home itself is of average size for the area, its fully finished basement effectively doubles the usable living space, a practical advantage not always found in homes of this era. It suits first-time buyers looking for a move-in-ready home with a large yard, or downsizers seeking single-level living without compromising on outdoor space. The property’s city-wide rankings suggest it offers a solid, middle-ground option—more land than most, at an assessment value that sits comfortably in the middle of the market, potentially appealing to value-conscious buyers who prioritize space over a brand-new build.
Frequently Asked Questions
1. How does the age of the home (55 years) impact maintenance?
While the home is well-established, a 1971 build means prospective buyers should budget for updates to major aging components, such as the roof, windows, or HVAC system, even if they are currently functional. A thorough inspection is essential.
2. What does the "fully finished basement" include?
The listing confirms the basement is finished, meaning it has livable space such as recreation rooms or additional bedrooms. However, specifics on ceiling height, legal egress, moisture control, and the quality of finishes should be verified during a viewing.
3. The lot is large, but how is it shaped and oriented?
The total square footage is provided, but the lot's dimensions, shape, and sun exposure are key to its usability. A long, narrow lot feels different than a wide one. This can affect privacy, gardening potential, and where additions or sheds could be placed.
4. The home ranks highly for lot size but lower for living area. What does this mean practically?
This indicates you are purchasing primarily for the land and location. The living space is functional but not expansive. It’s ideal if you value outdoor space over indoor square footage, but may require creative use of the finished basement to meet all your living needs.
5. How do the provided rankings help me evaluate the price?
The rankings compare this property to immediate neighbours and the wider city. They show that while the home’s size and age are typical for its direct community, its lot size is a standout feature city-wide. This context can help assess whether the asking price reflects the value of the land more than the structure itself.