10 Ascot Bay

Property Overview

This 1969-built, one-storey home in Elmhurst offers a practical layout with 1,272 sqft of living space on a notably large, 7,529 sqft lot. Its key characteristics include an unfinished basement, a combined attached and detached garage setup, and no pool. The appeal lies in its generous land size, which provides ample outdoor space and future potential, and its solid, no-frills construction. It ranks highly within its immediate street for lot size, age (being one of the newer homes on the block), and living area, suggesting it's a well-situated property in its micro-location.

This home would suit a buyer looking for a ground-level living layout on a substantial lot, ideal for gardening, expansion, or simply enjoying private outdoor space. It’s a strong candidate for a long-term holder or someone willing to customize over time, as the unfinished basement presents a blank canvas. The rankings indicate it outperforms most of Winnipeg for lot size and value, yet is more modestly positioned within its broader community, making it a potentially savvy purchase for those prioritizing land over a recently updated interior.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size is in the top 13% city-wide, meaning it's larger than 87% of Winnipeg properties. Conversely, its build year is newer than 97% of homes on its street but only 11% in the broader community, indicating a street of older homes where this one is relatively recent.

2. Is the unfinished basement a drawback or an opportunity?
It's primarily an opportunity. While it requires investment to finish, it allows a new owner to customize the space to their exact needs—whether for storage, a recreation room, or a suite—without needing to undo previous work. It also means the home's systems are likely accessible for inspection and maintenance.

3. What are the implications of having both an attached and detached garage?
This offers flexible storage and workshop space. The attached garage provides convenient, covered access to the house, while the detached garage can be used for vehicle overflow, a dedicated workshop, or garden equipment, helping to keep the main garage clutter-free.

4. The home is newer than most on its street but older than most in Winnipeg. What does this suggest?
This suggests a stable, established street where homes are well-kept and turnover might be lower. You're buying into a mature streetscape. The fact that it's one of the newer homes on the block could imply fewer major age-related surprises compared to its immediate neighbors.

5. Who might this property not suit?
It may not suit buyers seeking a move-in-ready home with modern, finished spaces throughout, or those who prefer a low-maintenance yard. The scale of the lot and the unfinished basement require a willingness to invest either sweat equity or capital into the property over time to realize its full potential.