102 Epsom Crescent

Property Overview

This 1983-built, one-storey home in Elmhurst offers a practical and spacious layout on a large, 6,565 sqft lot. Its key appeal lies in a combination of above-average size and established value within a mature neighbourhood. With 1,632 sqft of finished living space, including a developed basement, it provides ample room for a family. The property ranks highly for its lot size, living area, and assessed value compared to most of Winnipeg, suggesting a solid, well-proportioned offering. Its enduring appeal is its straightforward functionality: a manageable single-level layout paired with the private potential of a sizable yard. This home would suit buyers looking for a move-in-ready property without the premium of a new build, such as growing families seeking space or downsizers wanting single-level living without compromising on room for guests or hobbies. A thoughtful perspective is that while the home is 43 years old, its rankings indicate it is newer and more valuable than many of its local peers, offering a relative sense of modernity and equity in an established area.

Potential Buyer FAQs

1. What does the "relative ranking" data actually mean?
   It shows how this property compares to others in specific areas. For example, being newer than 98% of houses on its street is a notable advantage, suggesting less immediate concern for large-scale, street-wide infrastructure upgrades.

2. Is the large lot a benefit or a burden?
   Primarily a benefit for privacy, gardening, or expansion, but it does mean greater responsibility for maintenance (lawn care, snow clearing) compared to a smaller lot.

3. Who might this layout suit best?
   The one-storey design with a finished basement is ideal for those seeking minimal stairs in daily life, or for families who can use the basement as a separate rec room or teen space, effectively creating a split-level living area.

4. What can the assessment value tell me?
   The $482,000 assessment is a strong indicator of the city's appraisal for tax purposes and often correlates with market value. Ranking higher than 80% of Winnipeg homes places it in a solid equity position.

5. Are there any obvious drawbacks from this data?
   The data points to a home that is very typical for its broader community in several categories. Buyers seeking a standout, unique property or the very newest features may find it conventional, while those looking for a proven, stable family home in a mature area will see its strengths.