15 Swansea Cove

Property Summary: 15 Swansea Cove

Key Characteristics & Appeal

This is a spacious, well-established family home in Elmhurst, offering a blend of practical living space and desirable amenities on a large lot. Its key features include a finished basement, an in-ground pool, and an attached garage within a classic two-storey layout. Built in 1984, the home presents a solid opportunity for buyers comfortable with the character and potential updates of a mature property.

The appeal lies in its generous 7,423 sqft lot and the private backyard oasis created by the pool—a rare combination in the city. The home's rankings are consistently strong, particularly for its lot size and assessed value, which place it in the top tiers for the neighborhood and wider Winnipeg. This suggests a property that has held its substance and desirability over time.

It would best suit a family or entertainer looking for established gardens, poolside summers, and ample indoor and outdoor space. It’s a fit for those who value the stability and larger lot sizes of mature neighborhoods over brand-new construction, and who see the 1984 build date not as a drawback, but as a chance to personalize a home with good bones.

Frequently Asked Questions

1. What is the true significance of the property's high rankings?
The rankings indicate this home is a standout within its existing peer group of mature properties. It's not just a large house, but one with a lot size and assessed value that surpass most comparable homes in the area, suggesting a premium position in the neighborhood.

2. Are there any concerns with a 42-year-old home?
While the structure is proven, a buyer should budget for and prioritize inspections of major systems common to this era, such as the roof, windows, plumbing, and electrical, to understand any upcoming lifecycle replacements.

3. How does the pool impact insurance and utility costs?
The pool will typically increase both annual insurance premiums and seasonal utility costs (for water, chemicals, and potentially gas/electric for heating). It's advisable to get specific quotes to factor this into your annual budget.

4. What does the "finished basement" entail?
It's essential to clarify the finish level, ceiling height, and whether it includes a proper egress window or secondary exit. This affects both livability and safety, and determines if it’s a casual rec room or a potential legal suite.

5. The lot is large, but how is it configured?
A 7,423 sqft lot offers great potential. Understanding its shape (wide vs. deep), orientation (for sun exposure to the pool and gardens), and any easements or rights-of-way is key to planning future use, whether for expansion, landscaping, or privacy.