16 Evesham Key

Property Summary: 16 Evesham Key

Section 1: Key Characteristics & Appeal

This is a well-maintained 1984 bi-level home in Elmhurst, offering a practical and comfortable living space. Its key features include a fully finished basement, an attached garage, and a generous 5,518 sqft lot, providing ample outdoor space. The home’s appeal lies in its established, quiet neighbourhood and its solid foundation—it ranks notably newer than most homes on its street and across Winnipeg. The 2020 sale suggests a recent transaction history, and the current assessed value is in line with its market positioning.

This property would suit first-time buyers or downsizers looking for a manageable, single-family home without the upkeep of a larger property. Its above-average lot size for the area is a significant asset for anyone valuing private outdoor space, gardening potential, or room for additions like a shed or deck. The finished basement adds valuable flexible space for a family room, home office, or guest area. A thoughtful perspective is that while the living area is compact, the large lot and finished basement effectively expand the usable space, offering a balance of coziness and room to breathe.

Section 2: Frequently Asked Questions

1. What does the "bi-level" design mean for daily living?
A bi-level home typically has a ground-level entry leading to a short staircase. One flight goes up to the main living areas (kitchen, living room, bedrooms), and another goes down to a lower level, which here is a finished basement. This layout can offer good separation between living and sleeping areas.

2. How should I interpret the provided rankings?
The rankings compare this home to others on its street, in Elmhurst, and across all of Winnipeg. For example, it ranks in the top 7% for age on its street (meaning it's newer than most neighbours), but in the top 93% for size (meaning its living area is smaller than most on the street). This helps gauge its relative standing in different categories.

3. The lot is large, but is it usable?
At over 5,500 sqft, the lot is a standout feature. While the listing doesn't specify topography, lots of this size in established neighbourhoods often offer good usability for recreation, gardening, or future landscaping projects, subject to local bylaws.

4. What might the 2020 sale price indicate?
The $335,000 sale in September 2020 provides a recent market benchmark. It can be a useful reference point for understanding price trends, though current value is primarily reflected in the $411,000 assessment and will be determined by today's market conditions.

5. Who is responsible for verifying the finished basement's quality and permits?
The listing states the basement is finished, but the condition, quality of finish, and whether any renovations were permitted are not detailed. A buyer's home inspection is crucial to assess the basement's construction, moisture control, and compliance with local building codes.