18 Elmridge Cove

Property Overview

This 1979 two-storey home in Elmhurst is defined by its generous, established setting. The key appeal lies in its above-average 1,845 sqft of living space and a very large, 10,630 sqft lot, placing it in the top tier of Winnipeg properties for size. Its rankings indicate a home that feels spacious and private compared to most in the city. The unfinished basement presents a clear opportunity for customization. This property suits buyers looking for a solid family home with room to grow, both inside and out, who value space over newness and are prepared for the maintenance or updates a 47-year-old home may require. It’s a practical choice for those who see potential in a blank canvas like an unfinished basement, and who appreciate the stability and mature landscaping of a long-established neighbourhood.

Frequently Asked Questions

1. What does the "unfinished basement" actually mean?
It means the basement has been constructed to a basic, rough-in stage. You will find the necessary structural elements, wiring, and plumbing stubs, but no interior walls, finished flooring, or ceilings. It's a significant project but offers total flexibility to create additional living space, a rental suite, or storage to your exact specifications.

2. The house was built in 1979. What should I be mindful of?
While systems may have been updated, a home of this age warrants a close inspection of its original components. Key focuses should be the roof, windows, the heating and electrical systems, and any signs of foundational settling. The upside is that construction from this era often features solid timber framing and room layouts that are less compartmentalized than older homes.

3. How meaningful are the provided ranking percentages?
They are a useful, at-a-glance benchmark for comparison. For instance, ranking in the top 5% in Winnipeg for lot size is a standout feature, indicating exceptional outdoor space. The rankings for value and living area also suggest the home is proportionally sized and priced within its market. They help quantify the subjective feeling of "a big lot" or "a spacious house."

4. What is the neighbourhood (Elmhurst) like?
Elmhurst is a mature, well-established neighbourhood in Winnipeg. Streetscapes are typically characterized by large lots, mature trees, and a mix of architectural styles from the mid-to-late 20th century. It offers a quiet, residential feel while being within reasonable reach of city amenities. The high community ranking for lot size here confirms this is an area known for its generous properties.

5. Why is there no price listed, only an assessed value?
The assessed value of $485,000 is for municipal tax purposes and is determined by the city. It is a formal estimate but not the same as a current market listing price. The sale price would be set by the seller based on recent market conditions, the home's specific features, and its condition, which may be higher or lower than the assessed value.