15 Woodchester Bay

Property Summary: 15 Woodchester Bay

Key Characteristics & Appeal

This is a well-established, single-storey home in Elmhurst, built in 1983. Its key features include a fully finished basement, an attached garage, and a notably generous lot of over 5,650 square feet, providing ample outdoor space. With 1,120 square feet of living space, it offers comfortable, manageable proportions for daily living.

The appeal lies in its balance of space, location, and value. The large lot is a significant asset in a mature neighbourhood, offering potential for gardening, expansion, or simply more private outdoor living. The home’s age is positioned as a strength in the local context, ranking newer than most houses on its street and in Winnipeg overall, suggesting a solid, well-built property in a settled area. Its fully finished basement immediately adds functional living or recreational space.

This property would suit first-time buyers looking for a move-in-ready home with a great yard, or downsizers seeking single-level living without sacrificing outdoor space. It’s a practical choice for someone who values a established community character, a larger-than-average lot, and a home that requires no major immediate work.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this home to others on its street, in Elmhurst, and across all of Winnipeg for specific metrics. For example, being newer than 97% of houses on its street indicates it’s one of the more recently built homes in that immediate area, which can be appealing.

2. Is the finished basement included in the 1,120 sqft living area?
No, typically the listed "living area" refers to above-ground, finished space. The fully finished basement is an additional bonus area that adds significant functional space to the property.

3. The lot is large, but what is the neighbourhood like for families?
Elmhurst is a mature, established neighbourhood. The large lot size is a common feature, often attracting those looking for space and quieter, tree-lined streets. It's advisable to research local schools and amenities to see if they fit your needs.

4. As a home from the 1980s, what should I be mindful of?
While the rankings suggest it's in good relative condition, a thorough inspection is always recommended. Key focus areas for a home of this era would include the roof, windows, and major mechanical systems like the furnace, which may be nearing or have exceeded their typical lifespans.

5. How does the assessed value relate to the likely selling price?
The assessed value of $399,000 is for municipal tax purposes and provides a benchmark. The final sale price is determined by the current market, buyer demand, the home's condition, and how it compares to recently sold properties in the area.