Property Summary: 877 Laxdal Road
Key Characteristics & Appeal
This 1972-built, one-storey home in Elmhurst sits on a generous 7,173 sqft lot, offering more outdoor space than most properties in Winnipeg. Its key features include a fully finished basement and a detached garage. With 946 sqft of living space, it presents as a manageable, single-level layout.
The appeal lies in its balance of a established, quiet neighbourhood with standout metrics for land size and building age relative to the immediate area. It ranks in the top 16% locally for lot size and is newer than 84% of homes on its street, suggesting a well-positioned property on a mature lot. The fully finished basement effectively expands the liveable area. It would suit first-time buyers or downsizers looking for a low-maintenance, single-level home with room to garden or enjoy outdoor space, without the premium of a brand-new build. A thoughtful perspective is that while the living space is compact, the large lot and finished basement provide significant flexibility for future expansion, hobbies, or storage—a value not always apparent in the square footage figure alone.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this property against others on the same street, in Elmhurst, and across all of Winnipeg for specific metrics (like lot size or age). A higher percentage means it outperforms more homes in that category. For example, ranking "better than 84% of homes in Winnipeg" for lot size is a notable strength.
2. Is the finished basement included in the 946 sqft living area?
Typically, the main living area (946 sqft) and the finished basement are reported separately. The 946 sqft likely refers to the above-ground footprint, with the basement adding additional, versatile space.
3. What does the assessment value mean for the listing price?
The municipal assessment of $345,000 is for tax purposes and is based on past market data. The listing price is set by the seller based on current market conditions, so it can be higher or lower than the assessed value.
4. Who would this home not be suitable for?
Given its single-level design and modest main-floor square footage, it may not suit larger families needing multiple bedrooms or distinct living areas on one floor, or buyers who prioritize very modern, open-concept layouts often found in newer builds.
5. Are there any obvious concerns from the data?
The home ranks lower for living area size compared to most of Winnipeg (better than only 24%), confirming it's a cozier layout. Buyers should ensure the floorplan meets their spatial needs, balancing this against the benefits of the large lot and finished basement.