16 Woodchester Place

Property Overview & Key Characteristics

This 1983-built, one-storey home in Elmhurst offers a practical and comfortable living space on a generous 6,074 sqft lot. Its key appeal lies in a combination of established community living, above-average lot size, and a home that ranks well against its local and city-wide peers in several important metrics. The 1,320 sqft living area is supplemented by a finished basement, providing flexible space. The property shows notable strength in its assessed value and building age relative to its immediate street, ranking in the top tiers locally. Its attached garage and single-level layout (with basement) cater to straightforward, accessible living.

The home would suit first-time buyers or downsizers looking for a manageable, low-maintenance property in a mature neighbourhood without sacrificing yard space. It’s also a sensible choice for a value-focused buyer who appreciates a home that outperforms many of its neighbours in key financial and structural rankings, suggesting a solid foundation and relative value within the Elmhurst area.

Frequently Asked Questions

Q: How does the "ranking" system work for this property?
A: The rankings compare this home against others on the same 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.

Q: What does the lot size mean for me practically?
A: At over 6,000 sqft, the lot is larger than many in urban areas. This offers ample private outdoor space for gardening, recreation, or future additions like a shed or deck, which is a notable feature for a one-storey home.

Q: The home is 43 years old. What should I consider?
A: While the building age ranks well locally, a home from the 1980s will have its original components nearing the end of their lifespan. A thorough inspection should focus on the roof, windows, HVAC system, and any original plumbing or electrical.

Q: How significant is the high assessment value ranking?
A: Ranking higher than 81% of homes on its street for assessed value suggests the municipality views it as a higher-value property in its micro-area. This can be a positive indicator, but it's important to compare this assessment to recent sale prices of similar homes for context.

Q: Who might this layout suit best?
A: The one-storey main living area with a finished basement is ideal for those seeking minimal stairs for daily living, or for families wanting to separate living and recreational spaces. The finished basement adds valuable flexible space for a family room, home office, or guests.