Property Overview: 38 Elm Park Road, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Elm Park presents a compelling blend of space, location, and modern updates. Its 1,174 sqft of living space is comfortably sized for the area, but the property’s standout features are its above-average assessed value for the street and its relatively recent 1972 construction, which is notably newer than most homes in Elm Park. The renovated basement adds functional living space, while the rare combination of both an attached and a detached garage offers exceptional flexibility for vehicles, storage, or a workshop.

The appeal lies in its position as a well-maintained, modernized home within an established neighbourhood. It suits buyers looking for a move-in ready property without the uncertainties of much older builds, and who value practical amenities like dual garages. A thoughtful perspective is that while the living area is average, the newer build year and high assessment relative to neighbours suggest quality updates and efficient use of space, potentially offering a balance of lower maintenance costs and solid value retention in a mature community.

Section 2: Frequently Asked Questions

1. How does the 1972 build year compare to the neighbourhood?
This home is among the newest 5% on Elm Park Road, where comparable homes average a build year of 1945. This is a significant advantage, typically implying more modern construction standards and systems.

2. What does the above-average assessed value indicate?
With an assessed value ranking in the top 20% for the street, it suggests the property has features, condition, or improvements that are valued higher than most direct neighbours, which can be a marker of good upkeep and relative worth.

3. Is the lot size typical?
Yes. The 5,315 sqft land area is around the neighbourhood average, offering standard outdoor space for the area without being exceptionally large or small.

4. What is the significance of having two garages?
The combination of an attached and a detached garage is uncommon and highly practical. It provides options for vehicle storage, a dedicated workshop, or extra storage space, adding significant functional utility.

5. How does the living space compare to nearby recently sold homes?
At 1,174 sqft, it is slightly smaller than some nearby comparables (e.g., 35 Springside Dr. at 1,218 sqft), but its newer construction and dual garages offer different trade-offs in terms of modern convenience and functionality versus raw square footage.