26 Woodfield Bay

Property Overview: 26 Woodfield Bay, Elmhurst

This two-storey family home, built in 1979, sits on a generous 7,040 sqft lot in Winnipeg's Elmhurst neighbourhood. With 1,620 sqft of living space, an unfinished basement, and an attached garage, it presents a classic and spacious canvas. Its appeal is rooted in solid fundamentals: the lot size ranks in the top 6% on its street, and the living area surpasses 78% of Winnipeg homes, offering above-average room to grow. The property suits practical buyers looking for a established home in a mature neighbourhood, ideally those who value space over newness and see potential in personalizing an unfinished basement to their own needs and timeline. It’s a home for someone who appreciates statistical value—consistently ranking in the top third for key metrics on its street and city-wide—and is comfortable with the maintenance and character that comes with a 47-year-old structure.

Key Questions for Consideration

1. What do the rankings actually mean for daily living? While the home ranks highly for size and value on its street, its age ranks in the older half locally. This suggests a trade-off: you're getting more space for your money, but should budget for updates typical of a 1979 build.
2. How does the unfinished basement impact value? This is both a project and an opportunity. It adds no finished living space to the current assessment but offers significant potential to increase the home's utility and value on your own terms, without paying a premium for someone else’s renovation choices.
3. Is the lot a benefit or a burden? The large lot is a standout feature, offering privacy and outdoor space rare for the street. Buyers should consider whether they desire gardening, play, or entertainment space, or if they prefer lower-maintenance landscaping.
4. The community ranking is middle-of-the-pack. What does that indicate? Ranking near the 50th percentile in Elmhurst for size, age, and value suggests this home is very typical for the area. It likely won’t feel out of place, but it also means the neighbourhood offers a wide mix of comparable properties.
5. Why is there a difference between the high street ranking and more moderate community ranking? This often points to a very consistent streetscape. The home is among the larger and more valuable on Woodfield Bay, but Elmhurst as a whole may have pockets with newer or more varied housing stock, bringing down its relative standing in the broader community.