Property Overview
This two-storey home in Elmhurst presents a well-proportioned and established family residence. Built in 1999, it offers nearly 2,000 sqft of living space on a generous 8,094 sqft lot, complemented by a finished basement and an attached garage. The appeal lies in its balanced offering of space, a mature neighbourhood setting, and strong relative value. Its rankings consistently place it in the top tiers for size, age, and assessed value within its immediate area, suggesting a property that is both above average for the street and competitive city-wide. This home would suit buyers looking for a move-in ready, low-maintenance house in a quiet neighbourhood, particularly those who prioritize a larger lot and more interior space than typical newer subdivisions offer, without venturing into older, high-renovation properties.
Key Considerations & FAQs
1. What is the significance of the provided rankings?
The rankings show how this property compares to others. For example, being newer than 95% of homes in Elmhurst and larger than 90% in Winnipeg indicates a relatively modern and spacious home for the city, which can be a advantage for resale and livability.
2. Is the basement included in the 1,996 sqft living area?
Typically, "living area" refers to above-grade, finished space. The 1,996 sqft is likely the main and upper floors. The basement is listed separately as "finished," adding additional usable space to the total footprint of the home.
3. What does the high assessed value ranking mean?
An assessed value ranking in the top 7% in Winnipeg and top 6% in Elmhurst indicates the city views this property as being among the more valuable homes. This often reflects a combination of its lot size, building size, condition, and location.
4. What are the less obvious benefits of a 1999-built home?
Homes from this era often benefit from modern construction standards (like updated electrical codes) while having established landscaping and neighbourhood maturity. They typically avoid the premium price of brand-new builds and the potential for major systemic overhauls required in much older homes.
5. Who might this property not suit?
Buyers seeking a brand-new, custom-built home with no prior wear, or those looking for a ultra-modern open-concept layout (as some 1990s floor plans can be more compartmentalized), might want to consider newer inventory. Similarly, if a swimming pool or extensive renovation project is desired, this may not be the ideal fit.