Property Overview: 869 Laxdal Road
Key Characteristics & Appeal
This 1972-built, three-level split home in Elmhurst sits on a generous 7,174 sqft lot, offering more outdoor space than most properties in Winnipeg. With 1,076 sqft of living space and a finished basement, it provides practical, multi-level living. Its core appeal lies in its established neighborhood setting and the value represented by its lot size, which is notably larger than many contemporaries. The home ranks highly for its lot size and age within the wider city, suggesting a desirable, mature property.
It would suit first-time buyers or downsizers looking for a manageable home with room to garden or enjoy outdoor space without the upkeep of a massive yard. It's also a practical option for value-focused buyers who prioritize land and location over a recently built or extensively renovated interior. A thoughtful perspective is that while the interior living space is modest, the significant lot offers future potential, whether for expansion, landscaping, or simply enjoying a rare degree of privacy and space for the area.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics. For example, its lot size ranks in the top 16% city-wide, meaning it's larger than 84% of Winnipeg properties, which is a standout feature.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its current configuration and legal status with the municipality if considering rental income.
3. How does the assessment value relate to the asking price?
The municipal assessment is $332,000, used for calculating property taxes. The market asking price can be higher or lower based on current conditions, updates made since assessment, and seller motivation. It's a starting point for valuation, not a guaranteed sale price.
4. What are the implications of a "three-level split" design?
This style typically features short flights of stairs between levels, creating defined living zones. It can feel spacious but involves more stairs than a bungalow. It's wise to consider furniture movement and long-term accessibility with this layout.
5. There's no garage; is there parking?
The listing does not mention a garage. Buyers should investigate driveway space or on-street parking permits. The large lot may offer room to add a garage or parking pad, subject to local zoning regulations.