135 Avril Lane

Property Summary: 135 Avril Lane

Key Characteristics & Appeal

This two-storey home in Elmhurst is defined by its generous space and established lot. Built in 1982, its primary appeal lies in its above-average scale, featuring 2,259 sqft of living area and a large, 9,280 sqft property, both ranking in the top 10% locally. This positions it as a substantial family home with room to grow or customize. The unfinished basement presents a clear opportunity for future expansion or personalization according to a new owner's needs.

Its value is further underscored by strong market rankings; it surpasses over 85% of Winnipeg homes in both lot size and living area, and over 92% in assessed value for its street. The appeal is for a practical buyer who sees potential beyond surface finishes—someone looking for "good bones" and space over immediate turn-key perfection. It suits a family seeking room indoors and out, or a value-oriented buyer willing to invest sweat equity into finishing the basement to significantly increase the home's utility and value. The lack of a garage is a trade-off for the large lot, which could accommodate future addition or outdoor living spaces.

Frequently Asked Questions

1. What does the "unfinished basement" entail?
It is a full basement with rough-in plumbing and electrical, awaiting drywall, flooring, and final finishes. It represents both a project and a significant opportunity to add customized living space.

2. How does the 1982 build year affect the home?
While not new, the home is from an era with modern foundations and standard wiring. Key systems like the roof, windows, and major mechanicals (furnace, water heater) will be at varying stages of their lifespan and should be inspected, as their condition will be more impactful than the build year itself.

3. The home ranks highly for size but lower for age on its street. What does this mean?
This indicates the home is one of the larger properties on a street with some newer homes. It suggests a mature, established streetscape where this home offers more interior space than many of its neighbors, which can be a compelling advantage.

4. Is the high assessed value a good indicator of the selling price?
The assessed value is a strong benchmark for municipal taxation and indicates the home is valued well above average. However, the final sale price is determined by the current market, condition, and buyer demand. It's a solid starting point for understanding its standing.

5. What are the implications of having no garage on such a large lot?
The large lot provides a clear opportunity to build a garage or workshop, subject to local zoning and permits. For some buyers, this is a preferable scenario to modifying an existing, potentially outdated structure. It is a consideration for vehicle storage but also a blank slate for future improvements.