Property Overview & Key Characteristics
833 Elmhurst Road is a substantial two-storey family home built in 1985, situated on an exceptionally large, mature lot of nearly 34,000 square feet in Winnipeg's Elmhurst neighbourhood. Its primary appeal lies in the rare combination of generous interior space (2,334 sqft of living area) and vast outdoor grounds, offering privacy and room to grow that is uncommon within the city. The home features a finished basement and an attached garage.
The property’s standout feature is its commanding size relative to its surroundings. It ranks in the top 1-2% of homes in its street, neighbourhood, and city for lot size and living area, indicating it is a notably larger property on a premier block. While the build year is older than many in the area, it still ranks above average for its age. The current assessed value reflects its premium positioning.
This home would best suit buyers who prioritize land and space over turn-key modernity. It’s ideal for a family seeking room for pets, gardens, or recreational space, or for a buyer with long-term vision who may wish to renovate or expand over time, leveraging the outstanding lot as a foundation. It appeals to those who value established, quiet neighbourhoods with a sense of permanence.
Frequently Asked Questions
1. What does the "top 1%" ranking for lot size actually mean?
It means this property's lot is larger than 99% of the other residential lots on its street, in the Elmhurst neighbourhood, and across all of Winnipeg. You are purchasing one of the largest private land parcels available in the city.
2. The house was built in 1985. What should I expect?
While systems like the roof, windows, and furnace may have been updated, a home of this age will likely require a thorough inspection of its major components. The interior may feature original layouts or finishes that could benefit from modernization, but the solid structure and unparalleled lot size are the key assets.
3. Is the finished basement included in the 2,334 sqft living area?
Typically, living area (or above-grade square footage) refers to space above ground level. The finished basement is an additional bonus space, adding functional rooms like a recreation area, office, or extra bedrooms not reflected in that primary square footage figure.
4. Who would this property NOT be suitable for?
It may not suit buyers seeking a low-maintenance, modern property ready for immediate move-in without any projects. The scale of the lot also requires more upkeep than a standard yard, and the home's value is heavily tied to the land, so those purely seeking interior luxury per dollar might find better options elsewhere.
5. How does the assessed value relate to the likely selling price?
The assessed value ($623,000) is for municipal tax purposes and is a historical snapshot. In a competitive market, especially for a unique, large-lot property, the final sale price is often determined by current buyer demand and can be significantly higher than the assessment.