2 Apex Street

Property Overview

2 Apex Street is a well-established, single-family home in Winnipeg's Elmhurst neighborhood. Built in 1979, it sits on a large, approximately 7,000 sqft lot, offering more outdoor space than most city properties. The 1,247 sqft bungalow features a finished basement and a detached garage. Its key appeal lies in its generous land size and its position as a solid, no-frills home in a mature community. The data suggests it's a property of contrasts: while the house itself is older and more modest in size compared to many others, the lot is spacious and its overall assessed value ranks favorably across the city.

This home would suit practical buyers looking for value in land over a modern build. It’s ideal for someone comfortable with a home from the late 70s, possibly seeking a long-term property with room for gardening, expansion, or outdoor projects. It would also appeal to buyers who prioritize a stable, established neighborhood over brand-new finishes, and who see potential in the existing structure and the significant lot size.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size ranks in the top 17% city-wide, meaning it's larger than 83% of Winnipeg properties. Conversely, its age and living area are more common, ranking in the bottom half locally.

2. Is the finished basement included in the 1,247 sqft living area?
Typically, "living area" refers to above-grade, finished space. The 1,247 sqft likely represents the main floor, and the finished basement is an additional bonus space not counted in that official figure.

3. What are the implications of the home's age (1979)?
A home of this age is likely to have original or older major systems (like roof, windows, furnace). This isn't inherently negative but means a thorough inspection is crucial. It also represents a classic bungalow layout from that era, which many find functional and straightforward.

4. How should I interpret the strong value ranking versus the modest size/age rankings?
This suggests the property's value is driven significantly by its desirable lot size and location, rather than the size or newness of the house itself. It indicates you are primarily investing in the land and the neighborhood.

5. What is a "split" or detached garage?
A detached garage is a separate structure from the house, often accessed via a rear lane. This provides flexibility but means you'll walk outdoors to your vehicle. It's a common feature in many older Winnipeg neighborhoods.