Property Overview
This 1992-built, one-storey home on a generous 6,159 sqft lot in Elmhurst offers a practical and comfortable living space. Its key appeal lies in a balanced combination of relative modernity, a larger-than-average lot for the area, and a finished basement that expands the usable living area beyond its 1,141 sqft main floor. The property ranks notably well for its newer construction age within its local context and holds a strong assessed value position. It would suit first-time buyers looking for a move-in-ready, low-maintenance home, or downsizers seeking single-level living without sacrificing yard space. The large lot also presents a subtle appeal for those with pets, gardening interests, or future expansion potential, offering a sense of space that is becoming less common in newer subdivisions.
Frequently Asked Questions
1. How does the property's age (1992) affect maintenance?
Built 34 years ago, major components like the roof, windows, and HVAC system are likely within or approaching their typical replacement cycle. A thorough inspection is advised, but the home benefits from modern building standards compared to much older stock in the city.
2. What is the significance of the lot size and rankings?
At over 6,000 sqft, the lot is a standout feature, providing more private outdoor space than nearly 80% of homes on its street. This is a key advantage for privacy, recreation, or gardening compared to newer, more densely packed neighborhoods.
3. Who might the finished basement suit?
The finished basement effectively adds flexible space, making the home feel larger than the main square footage suggests. It's ideal for a family room, home office, or guest area, appealing to those who need extra room but prefer a bungalow layout.
4. What do the value rankings indicate?
With an assessed value that places it in the top tiers for its street and Winnipeg overall, the property is positioned as a stronger-than-average financial asset in its market segment. This often correlates with stable or desirable locations and property conditions.
5. Is this a good option for future resale?
The combination of a desirable bungalow style, a large lot, and a finished basement in a mature neighborhood typically supports steady resale value. Its rankings suggest it already outperforms many local comparables, which is a positive indicator.