Property Overview: 1882 Elgin Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic one-storey house in the Brooklands neighbourhood, built in 1946. Its most defining feature is the generous 7,171 sqft lot, which places it in the top tier for land size both locally and across the city. This presents a significant opportunity for expansion, gardening, or simply enjoying ample private outdoor space—a rarity, especially for a home with a modest 960 sqft living area.

The appeal here is rooted in potential and value. The house itself is compact and efficient, featuring a renovated basement that adds functional space. It sits on a property that is substantially larger than most in Winnipeg, offering a blank canvas for the right buyer. The detached garage adds practical storage or workshop space.

This property would best suit a value-conscious buyer looking for a solid foundation—literally and figuratively. It’s ideal for someone with renovation or expansion plans who wants the room to build their vision, or for a buyer who prioritizes a large yard over a large house. The strong land-to-building ratio also makes it a strategic hold for future investment, as the land itself is a key asset.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, legal egress, and permitted use (e.g., suite potential) should be verified with the seller and a professional inspection.

2. How does the low assessed value affect property taxes?
The home has a notably low assessed value compared to its recent sale price. This can be advantageous for keeping annual property taxes lower, but buyers should be aware that a future municipal assessment could adjust this value following a sale.

3. Is the large lot subdividable?
The oversized lot is a major feature. Whether it can be subdivided to create a separate buildable lot is a complex question dependent on city zoning bylaws, minimum lot size requirements, and servicing. This requires direct consultation with the City of Winnipeg’s planning department.

4. What is the condition of the main floor living space?
With 960 sqft on the main floor, the layout is likely efficient. Buyers will want to understand the current condition of major systems (roof, wiring, plumbing, windows) and the flow of the living areas to see if it meets their needs as-is or requires immediate updates.

5. How does the neighbourhood context influence this property's value?
While the home ranks above average for its street and neighbourhood in several metrics, its true value proposition is its standout lot size. Buyers should consider how the surrounding Brooklands area and nearby amenities align with their lifestyle, as the land itself is the primary driver of its unique market position.