155 Woodfield Bay

Property Overview: 155 Woodfield Bay, Elmhurst, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 1982 four-level split home offers a practical and spacious layout within a mature Winnipeg neighbourhood. Its key characteristics include a generous 1,780 sqft of living space, a fully finished basement, and a sizable 5,497 sqft lot, providing ample room both indoors and out. The home’s appeal lies in its established setting and strong relative value. It ranks notably well within its immediate street for lot size, living area, and assessed value, suggesting it is a substantial property in its local context. While the home itself is not new, its construction year is newer than most on its street, a less obvious point that indicates a slightly more modern build among its peers.

This property would suit buyers looking for a ready-to-move-in family home with defined spaces across multiple levels, ideal for creating separation between living and sleeping areas. It’s a strong match for those who prioritize indoor space and yard size over brand-new condition, and who appreciate a home with a proven, stable footprint in a long-established community.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show how this home compares to others in specific areas. For example, its living space is larger than 94% of homes on its street, confirming it’s a notably spacious property in its immediate location, which is a key driver of value and livability.

2. Is a 44-year-old home a concern?
While systems like the roof, windows, or furnace may need attention or updating due to age, the data shows this home is actually one of the newer builds on its street (newer than 99% of neighbours). This can be an advantage, potentially meaning fewer major updates have been cycled through compared to older surrounding homes.

3. Who is the typical buyer in this area?
The Elmhurst area attracts a mix of long-term residents and growing families. Given this home’s size and layout, it is particularly well-suited for families or those needing multiple living areas, drawn to the stability of a mature neighbourhood.

4. What are the advantages of a four-level split design?
This design creates natural separation between living zones (e.g., main floor living room, lower-level family room) and bedroom levels, which can be excellent for noise reduction and family living. However, it does involve more stairs between floors than a bungalow or two-storey.

5. How does the lot size compare?
At nearly 5,500 sqft, the lot is significantly larger than the average urban lot, offering great potential for gardening, play space, or outdoor entertaining. Its ranking shows it’s larger than most properties on the street, which is a valuable and permanent asset.