27 Woodchester Bay

Property Overview

This 1983-built, one-storey home in Elmhurst offers a practical layout with 1,320 sqft of living space on a generous 5,661 sqft lot. Its key features include a finished basement and an attached garage. The property presents a compelling value proposition, ranking notably well for its newer construction age within its immediate area and holding a strong overall assessed value relative to much of Winnipeg.

Key Characteristics & Appeal

The primary appeal of this home lies in its established, low-maintenance design and strong positional value. As a bungalow, it suits buyers looking for single-level living or easier future accessibility. The large lot is a significant asset in a mature neighbourhood, offering space for gardening, play, or expansion. Its standout characteristic is its relative modernity compared to neighbouring homes; being newer than 97% of houses on its street is a rare find in an older area and can suggest updated infrastructure. The finished basement immediately adds functional living or recreational space.

This property would best suit first-time buyers, downsizers, or practical investors seeking a move-in-ready home in a stable neighbourhood without the premium of a brand-new build. It offers a balanced profile: it's not the largest on the block, but it is among the newest and holds a higher-than-average assessment for the city, indicating perceived solid value. The appeal is grounded in sensible fundamentals—space, condition, and location—rather than luxury finishes.

Frequently Asked Questions

1. What does the ranking data actually tell me?
It shows how this property compares to others. For example, being newer than 97% of homes on its street is a strong advantage, while its interior size is comfortably above average for the area. The high city-wide assessment ranking suggests it's a valued property in a broader context.

2. Is the finished basement included in the 1,320 sqft living area?
No, typically the listed "living area" refers to above-grade, finished space. The finished basement is an additional bonus area, adding to the home's usable square footage.

3. What are the implications of a 1983 build year?
Homes from this era often benefit from modernized electrical systems (like aluminum wiring was phased out) and building standards, while still being part of established, tree-lined neighbourhoods. It likely strikes a balance between character and more contemporary practicality.

4. Who might this home not suit?
Buyers seeking a very large or modern open-concept layout, or those wanting extensive renovation projects, may find it less ideal. The floor plan is likely more traditional, and the strong rankings suggest it's in good standing rather than a fixer-upper opportunity.

5. How should I interpret the lot size?
At over 5,600 sqft, the lot is substantially larger than many newer suburban lots. This provides excellent outdoor space, potential for additions (subject to zoning), and typically greater distance from neighbours compared to newer developments.