Property Overview: 23 Elmvale Crescent
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Southboine sits on a generous, mature lot over 6,000 square feet in size. Built in 1977, the 1,330 sqft residence features a finished basement and an attached garage. Its key appeal lies in its established neighbourhood setting and its relative value within the broader Winnipeg market. The property ranks notably high for its lot size and assessed value compared to most of the city, suggesting a solid foundation of underlying asset value.
The home would suit practical buyers looking for a manageable single-level layout, first-time homeowners seeking a foothold in a mature area, or long-term residents who value spacious outdoor space over a large interior footprint. A thoughtful perspective is that this property represents a balance: it trades newer construction and top-tier neighbourhood rankings for a larger-than-average lot and a price point that sits in a more competitive tier city-wide. It’s a home for those who see potential in stability and space rather than seeking the newest or most trendy option.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, its lot size ranks in the top 31% city-wide, meaning it's larger than 69% of Winnipeg lots. Conversely, its living area is smaller than many homes in its own neighbourhood.
2. Is the finished basement included in the 1,330 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional space, adding functional rooms without increasing the official living area figure.
3. How should I interpret the assessment value of $447,000?
This is the municipal tax assessment, not the market price. It is a key data point used for calculating property taxes and indicates the city's appraisal of the property's value relative to others. Its ranking shows it is assessed higher than 74% of Winnipeg homes.
4. What are the implications of the home's age (49 years)?
The 1977 build date means prospective buyers should budget for updates to major aging components like the roof, windows, or HVAC systems. However, homes of this era often feature solid construction and mature landscaping not found in newer developments.
5. Why are the rankings for the street and community sometimes lower than for Winnipeg overall?
This indicates that the immediate area may have larger, newer, or higher-valued homes on average. This property offers a more accessible entry point into the community while still holding its own in terms of lot size and assessed value when compared to the entire city.