Property Overview
This 1958 one-storey home in Elmhurst sits on a large, approximately 9,300 sqft lot, offering significant outdoor space that ranks well above average for Winnipeg. Its key appeal lies in this generous, established setting combined with a fully finished basement, presenting a solid value proposition. The home itself, at 832 sqft of living space, is compact and efficient, suited for those who prioritize low-maintenance living without sacrificing yard size.
It would best suit first-time buyers, downsizers, or practical investors seeking a manageable footprint on a desirable lot. The property’s strength is its land and location within Elmhurst, not the size or newness of the structure. A buyer here is likely someone who sees potential in the expansive lot for gardening, recreation, or future expansion, and values the character and maturity of the neighbourhood over a modern build.
Frequently Asked Questions
1. How does the large lot impact maintenance and utility costs?
While offering excellent private space, a lot of this size requires more time or investment for lawn care and landscaping compared to a standard lot. Property taxes may also reflect the valuable land component.
2. The home ranks low for size and age in the area. Is this a concern?
This indicates the neighbourhood features many larger and newer homes. For the right buyer, this represents an opportunity to enter a desirable community at a potentially more accessible point, with the lot being a permanent and appreciating asset.
3. What does the fully finished basement add?
It effectively expands the usable living area beyond the main floor square footage, which is crucial for a one-storey home. It’s ideal for a family room, home office, or additional storage.
4. Is the split garage a significant feature?
Yes, it provides covered parking and storage for two vehicles, which is a valuable asset for a home of this vintage and adds practical convenience year-round.
5. The build year is 1958. What should I be prepared for?
While systems may have been updated, prospective buyers should budget for age-related maintenance. A thorough inspection is advised to assess the roof, foundation, plumbing, and electrical systems, common focal points for homes of this era.