Property Overview

This 1981 two-storey home in Elmhurst offers a well-established and spacious family living environment. Its key appeal lies in its generous proportions, both in the 2,024 sqft living area and on its large 7,388 sqft lot, providing ample room indoors and out. The home features a finished basement and an attached garage. Its standout characteristic is its strong relative value within the broader Winnipeg market, ranking highly for its size, assessed value, and overall footprint compared to most city properties. While the building itself is 45 years old, it ranks as newer than many in its immediate neighborhood.

This property would suit a buyer looking for established community character, more space than a typical newer subdivision home, and a solid foundation in a mature area. It’s ideal for a family that values larger private outdoor space and is comfortable with the maintenance and potential updates that come with an older home. A thoughtful perspective is that this home represents a balance—it offers space and land that are increasingly rare in new builds, trading off modern move-in readiness for long-term potential and room to grow.

Key Questions for Consideration

1. What does the "finished basement" entail?
The listing notes a finished basement, but the specifics of the finish (e.g., ceiling height, quality of materials, legal egress, presence of a bathroom) are not detailed. This would be a key area for inspection to understand its true living and functional value.

2. How does the 1981 construction date impact major systems?
Given the home's age, the condition and replacement history of major components like the roof, windows, furnace, and electrical panel are crucial. An older home in good mechanical condition is very different from one requiring imminent major investments.

3. What is the character of the immediate street and neighborhood?
While the data shows strong rankings within Elmhurst, visiting at different times of day is essential. The feel of the specific crescent, traffic patterns, neighbor interactions, and the upkeep of surrounding properties significantly influence daily life.

4. Are there any known development plans or zoning considerations for the area?
With a lot of this size, it's prudent to check with the city regarding zoning bylaws and any future area plans. This ensures your vision for the property (like expansions or significant landscaping) is feasible and that the surrounding area's character is protected.

5. The assessment value is high for the area; how does this relate to property taxes?
The assessed value ranks in the top 20% of the community. A buyer should investigate the current annual property tax amount to accurately factor this into the ongoing cost of ownership, as it may be proportionally higher than in neighboring homes with smaller lots or lower assessments.