Property Overview: 88 Elmvale Crescent
Key Characteristics & Appeal
This is a well-established, two-storey family home built in 1984, situated on a generous 7,149 sqft lot in Southboine, Winnipeg. With 1,828 sqft of living space, it offers ample room in a quiet crescent setting. Its primary appeal lies in its strong foundational metrics: the lot size ranks in the top 16% city-wide, and the living space is above average, placing in the top 14% for Winnipeg. The home presents a classic layout with an attached garage and a full, unfinished basement offering potential for future customization.
The property suits buyers looking for a solid, long-term family home in a mature neighbourhood, where the value is anchored by a large, private lot. It’s ideal for those who appreciate space over flashy updates and see potential in a home that may benefit from personalization over time. A thoughtful perspective is that while the interior may reflect its era, the highly-ranked lot size and above-average living space are permanent advantages that are increasingly rare in newer subdivisions. The strong city-wide rankings for lot and living space suggest this property holds inherent, lasting value that transcends interior trends.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
It is a full basement with rough-in plumbing and electrical, providing a blank canvas for future development into additional living, recreational, or storage space according to a new owner's needs and budget.
2. How should we interpret the various ranking percentages?
The rankings compare this property against others on its street, in Southboine, and across all of Winnipeg. For example, being newer than 66% of homes in Winnipeg and having more living space than 86% of them are significant positive indicators of its relative size and age.
3. What is the significance of the 1984 build year?
Homes from this era typically feature robust construction and practical layouts. Buyers should anticipate systems (like roof, windows, HVAC) that may be nearing or in their serviceable lifespan, factoring potential updates into their planning.
4. Who is the typical buyer for this home?
It best suits practical-minded buyers—growing families or long-term planners—who prioritize lot size and solid square footage over a move-in-ready, fully renovated interior. It's for those who want to add value through strategic updates.
5. Are there any obvious drawbacks to consider?
The home appears to be a solid, no-frills property. The main considerations would be the age-related updates typical for a 42-year-old home and the fact that the basement and any cosmetic improvements represent an opportunity for the next owner to invest and customize.