Property Summary: 123 Avril Lane

Key Features & Ideal Buyer Profile

This 1983-built, four-level split home sits on a large, approximately 9,666 sqft lot in Elmhurst. Its primary appeal lies in its generous space and established setting. With nearly 2,000 sqft of living area, it offers ample room for a growing family or those who value distinct living zones. The property's standout characteristic is its lot size, which ranks in the top 3% on its street and top 13% within the broader community, providing significant outdoor potential.

The home’s value is further underscored by its strong market positioning. It ranks in the top 10% of Winnipeg for living space and the top 7% for overall lot size, suggesting a property that is both spacious and competitively positioned. The unfinished basement presents a clear opportunity for customization and added value. This home would best suit practical buyers who prioritize space—both indoors and out—over turn-key modern finishes. It's ideal for someone comfortable with a home that has good bones and a prime lot, who sees potential in personalizing spaces like the basement over time. The rankings indicate it's a property that outperforms most in its category on key metrics, offering a solid foundation in a mature neighbourhood.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in the immediate area, the community, and all of Winnipeg. For example, being in the "top 10% for living space in Winnipeg" means 90% of homes in the city have less living area than this one.

2. Is an unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers the next owner a blank canvas to create exactly the space they need (e.g., a recreation room, home gym, or additional bedroom suite) without having to undo previous work.

3. The home is 43 years old. What should I consider?
This is typical for a mature neighbourhood like Elmhurst. It suggests the major systems (roof, windows, furnace) may be at or beyond their typical lifespan, so a thorough inspection is crucial to understand any upcoming maintenance or updates needed.

4. How significant is the lot size?
A lot of nearly 10,000 sqft is a substantial asset. It offers ample privacy, space for gardening, play, or future additions like a deck or shed, which is increasingly rare in newer subdivisions.

5. Does the assessment value reflect the likely selling price?
The municipal assessment ($495,000) is for tax purposes and is one data point. Market value is determined by current buyer demand, recent sales of comparable homes, and the property's condition. The strong rankings in key areas suggest it may attract competitive interest.