130 Woodchester Bay

Property Overview & Appeal

This 1983 four-level split home at 130 Woodchester Bay offers a practical and spacious layout in Winnipeg's Elmhurst neighborhood. Its key characteristics include a generous 1,780 sqft of living space, a fully finished basement, and a sizable 6,262 sqft lot. The home's appeal lies in its established, quiet setting and its strong relative standing in several key metrics. It ranks in the top quarter of homes in Winnipeg for both lot and living area size, and it is notably newer than 97% of other homes on its street. Recent sale history shows consistent value appreciation.

This property would suit buyers looking for a move-in-ready home with ample indoor and outdoor space, without the premium of a brand-new build. It's ideal for a growing family seeking stability in a mature community, or for value-conscious buyers who appreciate a home that ranks well above average in its category for space and modernness compared to its immediate neighbors.

Frequently Asked Questions

1. How does the four-level split layout function in daily life?
This design typically creates distinct zones, separating living, sleeping, and recreational areas across different half-levels. It offers good separation of space but involves more stairs than a bungalow or two-story home.

2. The home is 43 years old. What should I anticipate for maintenance?
While the home ranks as newer than most on its street, key systems like the roof, windows, furnace, and major appliances are likely at or beyond their typical lifespans and should be carefully inspected.

3. The lot is large. What are the possibilities and responsibilities?
The over 6,200 sqft lot provides excellent space for gardening, play, or future additions like a deck or shed. Buyers should budget for the associated upkeep, such as lawn care, landscaping, and snow clearing on a larger scale.

4. The recent sale price was slightly below the assessed value. Is this a concern?
Not necessarily. The 2024 sale price of $438,000, close to the $448,000 assessment, indicates the market generally agrees with the valuation. It reflects a normal, healthy transaction in a balanced market.

5. What do the "rankings" actually tell me about the neighborhood?
They show this home is a strong performer within its specific context. For example, being newer and larger than most houses on its street suggests it may have a curb appeal and space advantage over direct comparables, which can be a positive for future resale.