14 Apex Street

Property Overview: 14 Apex Street, Elmhurst, Winnipeg

Key Characteristics & Appeal

This well-established two-storey home sits on a generous 6,207 sqft lot in Winnipeg's Elmhurst neighbourhood. Built in 1981, it offers nearly 2,000 sqft of living space, which is notably larger than most homes in the area. A key feature is the in-ground swimming pool, a rare amenity that provides immediate summer recreation and entertainment potential. The property includes an unfinished basement, presenting a clear opportunity for future customization and added value.

Its appeal lies in a combination of space, lot size, and specific amenities. The home ranks highly for its living area and lot size compared to most of Winnipeg, suggesting solid value for the square footage. The pool is a major lifestyle draw. It would suit buyers looking for a family home with room to grow, both inside and out, who value the established character of a mature neighbourhood and are willing to take on a basement finishing project to tailor the space to their needs. A thoughtful perspective for this property is to see the unfinished basement not just as a project, but as a financial buffer; it allows new owners to invest in upgrades gradually, spreading out costs while avoiding the premium of a fully finished home. The pool, while a luxury, also implies a buyer ready for the maintenance and safety responsibilities that come with it.

Frequently Asked Questions

1. How does the property’s value compare to the area?
The assessment value ranks higher than 76% of homes in Elmhurst and 84% across Winnipeg, indicating it is considered a above-average value property for its size and features within the broader market.

2. What does the "unfinished basement" mean for me?
It means the basement space is a blank canvas with essential structural and utility elements in place, but without interior walls, flooring, or ceilings. This allows you to finish it to your exact specifications, whether as a rec room, extra bedrooms, or a suite, but requires planning and investment.

3. Are there any concerns with a 45-year-old home?
As with any home of this age, a thorough inspection is essential. While systems like the roof, windows, and plumbing may have been updated, some original components could be nearing the end of their service life. The recent maintenance history will be a key factor.

4. What are the implications of having a swimming pool?
Beyond enjoyment, a pool adds to annual maintenance costs (opening, closing, chemicals) and requires secure fencing for safety, which may be regulated by local bylaws. It can also affect insurance premiums. Consider it both a lifestyle asset and an ongoing commitment.

5. The home has no garage. What are the parking options?
The property listing does not mention a garage, so parking would typically be via a driveway. It’s important to verify the driveway's capacity and whether street parking is readily available, especially for multiple vehicles or guests.