121 Woodview Bay

Property Overview: 121 Woodview Bay, Elmhurst, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Elmhurst home is a spacious 4-level split on a large, 7,540 sqft lot. Its key features include a finished basement, an in-ground pool, and a split garage. Built in 1982, the home offers 1,780 sqft of living space and presents a compelling blend of space, established charm, and outdoor amenities.

The appeal lies in its above-average rankings across several key metrics, suggesting a strong standing in its local market. It notably outperforms most homes in Winnipeg for living space (top 16%) and lot size (top 13%). The presence of a pool and a finished basement adds significant recreational and functional value, ideal for family living and entertaining. Recent market activity is confirmed by a sale in early 2023.

This property would suit buyers looking for a move-in ready family home in a mature neighbourhood who value private outdoor space and recreation. It’s ideal for those who want more room than a bungalow or standard two-story offers, appreciate the character of an established area, and are seeking a home with proven market performance relative to its peers. A less obvious perspective is that the home’s consistent rankings across different categories suggest a balanced, no-surprises profile that may appeal to pragmatic buyers seeking stability over flashy newness.

Section 2: Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and across Winnipeg. For example, ranking in the “top 13%” for lot size in Winnipeg means 87% of homes have a smaller lot, highlighting this as a key strength.

2. The home was just sold in 2023. Why is it back on the market?
While the listing doesn’t specify a reason, short-term resales can occur due to various life changes (job relocation, family circumstances) and are not necessarily a reflection on the property itself. A recent sale also provides clear, up-to-date market price data.

3. Is a 44-year-old home a concern?
It means major components like the roof, windows, and mechanical systems are likely at or beyond their typical lifespan. A thorough inspection is essential, but an established home of this age also comes with a mature landscape and settled neighbourhood character.

4. How does the pool impact value and upkeep?
A private pool is a premium amenity that enhances summer livability and appeal to certain buyers. However, it requires seasonal maintenance, adds to utility costs, and carries insurance considerations. It’s a valuable feature for the right owner.

5. What is the practical benefit of a 4-level split design?
This design creates natural separation of living spaces across its levels, offering more privacy than an open-concept layout. It can be ideal for separating sleeping areas from living areas or creating a distinct space for a home office or teen retreat.