Property Overview: 811 Elizabeth Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 811 Elizabeth Road in the Maginot neighbourhood presents a solid, mid-century bungalow built in 1967. With 1,044 sqft of living space, it sits comfortably around the average size for its immediate street and area, offering a practical layout for everyday living. The lot size of 3,139 sqft is manageable, typical for the local area but smaller than the city-wide average, suggesting lower maintenance without extensive yard work.
Its primary appeal lies in its established neighbourhood setting and its strong relative standing within the local context. While its city-wide rankings for size and value are modest, it performs notably well within Maginot itself, particularly for its year built (newer than 84% of area homes) and assessed value (above area average). This indicates a well-kept property in a stable, mature community. The home last sold in the $250k-$300k range in 2024, aligning with its above-average assessment for the area.
This property would suit first-time buyers or downsizers seeking a move-in-ready home in a quiet, established area without the premium of a new development. It’s also a practical choice for value-focused buyers who prioritize a home’s standing within its immediate community over city-wide comparisons. The manageable lot and average living space make it a low-hassle option for those wanting to put down roots without extensive upkeep.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the neighbourhood?
The data shows this home holds its own locally. It’s newer than most homes in Maginot (built in 1967, ranking in the top 16%) and has an assessed value that is above the neighbourhood average. Its living area and lot size are both very typical for the area.
2. What does the sold price range from 2024 tell us?
The sale in the $250k-$300k range confirms the property’s market value is consistent with—or slightly above—its strong assessed value relative to the neighbourhood. It suggests a stable, transparent pricing history without major fluctuations.
3. Is the lot size a disadvantage?
While the lot is below the Winnipeg average, it is around the average for Maginot. This isn’t unusual for mature neighbourhoods and translates to less yard maintenance, which can be a benefit for many buyers.
4. How might the "year built" ranking be beneficial?
A 1967 build date is newer than most homes in the area. This can sometimes correlate with updated infrastructure (like plumbing or electrical) compared to much older homes, potentially reducing immediate renovation needs.
5. Why are the city-wide rankings much lower than the local rankings?
This is a key perspective. The home is average or above-average within its own established community but appears modest compared to newer suburban developments with larger lots and homes. This highlights its position as a solid in-fill property in a mature neighbourhood, not a sprawling new build.