Property Summary: 846 Laxdal Road
Key Characteristics & Appeal
This 1971-built, one-storey home in Elmhurst sits on a generous 7,196 sqft lot and offers 1,114 sqft of living space with a finished basement. Its key appeal lies in its established neighborhood setting and its relative value within the broader Winnipeg market. While its rankings within its immediate street and community for metrics like size and assessed value are modest, it performs notably well on a city-wide scale, surpassing 84% of Winnipeg homes for lot size and 51% for assessed value. This suggests a property that offers more space and value compared to the wider city, even if it's a more typical find on its own block.
The home would suit a first-time buyer, downsizer, or value-oriented investor looking for a solid, single-level layout in a mature area. Its appeal is grounded in practicality: a manageable size, a large yard for gardening or leisure, and the added living space of a finished basement without the maintenance of a garage or pool. A thoughtful perspective is that this property represents the "bones" of a neighborhood—a well-located, no-frills home that provides a stable entry point into the market with the potential for personalization over time.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is a significant feature, at 7,196 sqft. It ranks in the top 16% city-wide, meaning it is substantially larger than most residential lots in Winnipeg.
2. Is the home older, and how does that compare to neighbors?
Built in 1971, it is older than 74% of homes on its street, making it one of the more established properties in the immediate area, but it is close to the median age for the city as a whole.
3. What is the living space like for a family?
With 1,114 sqft above grade plus a finished basement, it offers a compact but functional layout. Its size is fairly typical for its local street but smaller than about three-quarters of homes in the broader Elmhurst community.
4. How does the city assessment reflect its value?
The assessed value of $351,000 ranks higher city-wide (top 49%) than it does within its own community or street. This can indicate that the property is seen as a good value within Winnipeg, even if it is more average in its direct vicinity.
5. What are the obvious features this home lacks?
The listing confirms the property does not have a garage or a swimming pool. Buyers would need to consider on-street parking and alternative storage or parking solutions.