1 Cheltenham Cove

Property Overview

This 1984-built bungalow at 1 Cheltenham Cove offers a practical and comfortable living package in Winnipeg's Elmhurst neighborhood. Its key appeal lies in being a well-maintained, single-level home on a spacious 6,457 sqft lot, featuring a finished basement and the added luxury of a private pool—a rare find for the area. With 1,130 sqft of living space above grade, it suits first-time buyers, downsizers, or small families seeking a manageable layout without sacrificing outdoor space. The home's rankings suggest it offers solid value; it's newer than most in its immediate area and sits on a larger-than-average lot for the city. Its assessed value positions it favorably within Winnipeg, indicating a property that has been maintained well relative to its age. This is a home for buyers who prioritize a quiet, established neighborhood, value the convenience of bungalow living, and can see the long-term enjoyment and investment in a private backyard pool.

Frequently Asked Questions

1. How does the age of the home (1984) affect maintenance?
While older than many new builds, the home ranks as newer than most on its street and in Elmhurst. This suggests it may have seen updates or consistent upkeep. Buyers should still budget for and inspect age-related systems like the roof, windows, and HVAC, common for homes of this era.

2. The living space is 1,130 sqft. Is that the total size?
No, that is the above-grade living area. The home also has a finished basement, which adds significant functional space to the total usable square footage, making the home feel larger than the main floor footprint suggests.

3. What do the ranking percentages actually mean for me?
They provide a quick, data-driven snapshot of how this property compares to others. For instance, being newer than 88% of homes on its street is a positive, while the lot size ranking in the top 23% city-wide highlights the outdoor space as a key asset compared to many Winnipeg properties.

4. Is a pool in Winnipeg a good investment?
A pool provides exceptional private recreation and can be a major lifestyle perk during our short summer. However, it requires dedicated maintenance, adds to utility costs, and has a limited seasonal use. Its value is primarily in personal enjoyment rather than a guaranteed financial return upon sale.

5. Who would this home not be suitable for?
It may not suit those seeking a modern, open-concept layout, as 1980s bungalows often have more defined rooms. The rankings also show the above-grade living area is smaller than most in Winnipeg, so buyers needing substantial main-floor space without using the basement might find it limiting.