35 Oswald Bay

Property Overview

This 1981 four-level split home in Elmhurst offers a practical layout with 1,694 sqft of finished living space, including a developed basement, on a generous 5,840 sqft lot. Its key appeal lies in its established neighborhood setting and its strong relative standing in several metrics. While it lacks a garage or pool, it ranks notably well for its above-average living space and newer construction year compared to most of Winnipeg. The home presents a solid, move-in-ready foundation in a mature area.

Who It's For: This property would suit first-time buyers or downsizers looking for a manageable, single-family home with room to grow into. It’s a match for those who value a large yard over an attached garage and prefer the character of an established, quiet street. The finished basement adds valuable flexible space for a family, a home office, or hobbies.

Key Questions for Consideration

1. What are the pros and cons of a four-level split layout?
This design offers good separation of living and sleeping areas, often creating distinct zones. However, it involves more stairs than a bungalow or two-story, which is a factor for those with mobility concerns or very young children.

2. The home ranks highly for its "newness" on the street. What does this mean?
Built in 1981, it is newer than 91% of homes on its street. This can suggest updated infrastructure (like wiring or plumbing) compared to much older neighbors and potentially less immediate need for major system overhauls.

3. There's no garage. How significant is this for resale or daily life in Winnipeg?
For many buyers, covered parking is a major priority, especially in winter. The lack of a garage is a tangible compromise. Assessing the driveway space for multiple vehicles and the potential/ cost to add a shed or future garage would be important steps.

4. The lot is large, but what's the condition and orientation?
A 5,840 sqft lot is a significant asset. A viewing should assess how much is usable backyard, its sunlight exposure, and whether the landscaping is manageable or requires substantial work. A south-facing backyard is often prized.

5. The assessment value is below the asking price. Why is that?
Municipal assessments are for tax purposes and often lag behind the current market. The sale price is determined by what buyers are willing to pay based on recent comparable sales, condition, and demand. It's a starting point for discussion, not a direct market valuation.