170 Woodfield Bay

Property Overview

This 1982-built, one-storey home in Elmhurst offers a practical layout with 1,320 sqft of living space on a generous 5,497 sqft lot. Its key features include a finished basement and an attached garage. The appeal lies in its established neighbourhood setting and a well-sized lot that provides room and privacy, which can be harder to find in newer subdivisions. Its rankings indicate a home that is newer than most on its street and offers above-average living space and value for Winnipeg overall.

It would suit first-time buyers or downsizers looking for a manageable, single-level layout without sacrificing yard space. It’s also a candidate for buyers who see potential in a home from the early 80s, possibly interested in updating interiors over time while benefiting from a mature property base.

Key Considerations & FAQs

1. What is the neighbourhood like? Elmhurst is a long-established, quiet residential community in Winnipeg. The lot size here is above average for the area, suggesting a more spacious, private feel than some neighbouring properties.

2. What does "finished basement" include? The listing confirms the basement is finished, adding usable living space. Prospective buyers should clarify the finish quality, ceiling height, and if it includes a separate entrance or bathroom to understand its full utility.

3. How does the age of the home affect things? Built in 1982, major components like the roof, windows, and heating system may be at or beyond their typical lifespan. An inspection is crucial to gauge their condition and plan for potential updates, which also offers an opportunity to customize.

4. Why is the lot size a notable feature? At nearly 5,500 sqft, the lot is a significant asset. It offers ample outdoor space for gardening, recreation, or future additions like a deck or shed, which adds long-term value and flexibility.

5. How should I interpret the price and value rankings? The assessment and rankings suggest the property is priced above the median for its immediate community but offers good value city-wide. This could indicate a premium for its specific street or lot, worth investigating through a comparative market analysis.