Property Overview
836 Elmhurst Road is a well-established, single-storey home in Winnipeg's Elmhurst neighbourhood. Built in 1984, it sits on a spacious, nearly 6,000 sqft lot and offers 1,325 sqft of living space with a finished basement and an attached garage. The home's key appeal lies in its solid, move-in-ready foundation within a mature community. Recent market activity shows a clear and significant appreciation, with the sale price rising from $350,000 in September 2023 to $440,000 in January 2024—a notable increase in a short period. The current municipal assessment of $455,000 aligns closely with this recent sale.
This property is particularly suited to first-time buyers or downsizers seeking a manageable single-level layout without a major renovation project. Its strong rankings—especially outperforming 75% of Winnipeg homes in assessed value—indicate it's a competitively priced asset in its class. The generous lot size also offers latent potential for future expansion or landscaping, a valuable perk in an older neighbourhood.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for metrics like size, age, and value. For example, being newer than 84% of houses on its street and more valuable than 75% of homes in Winnipeg indicates it's a relatively modern and well-regarded property in its price bracket.
2. The sale price jumped $90,000 in four months. Why?
While specific details aren't provided, an increase of this magnitude in a short time often reflects a previous sale under unique conditions (such as a quick sale, estate sale, or as-is purchase) followed by a subsequent sale at a price more reflective of the current market and the home's condition. The close alignment of the latest sale with the assessed value suggests the January 2024 price represents its stable market value.
3. Is the basement included in the 1,325 sqft living area?
Typically, "living area" refers to above-grade, finished space. The 1,325 sqft is likely the main floor footprint. The basement is listed separately as "finished," meaning it provides additional usable space beyond the stated square footage.
4. What are the pros and cons of a 1984 build?
Homes from this era often benefit from modernized wiring and standards compared to much older stock, while still being established in mature neighbourhoods. Potential buyers should consider the age of major components like the roof, windows, and HVAC system, which may be nearing or past their typical lifespans and factor into maintenance planning.
5. Who might this property NOT suit?
It may not fit buyers seeking a brand-new, low-maintenance home or those needing extensive room to grow a family on the main floor, given its single-storey design. The value is in the land, location, and solid foundation, not in high-end finishes or open-concept layouts common in newer builds.