Property Overview & Key Characteristics

This 1984-built four-level split home in Elmhurst offers a practical layout across 1,578 sq ft of living space, situated on a generous 6,333 sq ft lot. Its key appeal lies in its established neighborhood setting and above-average lot size, providing room for gardening or outdoor activities. The home features an unfinished basement, presenting a clear opportunity for future customization to add value and suit a buyer's specific needs.

The property's competitive rankings reveal its strengths: it sits in the top 25% of Winnipeg homes for lot size and the top 24% for living area, indicating more space than many comparable listings. However, with an assessment value ranking in the top 30% city-wide, it positions itself as a solid, mid-range family home rather than a luxury offering. It would best suit buyers looking for a "blank canvas" property—those who appreciate the good bones of a well-sized home on a large lot and are prepared to handle cosmetic updates or a basement finish over time. It's a pragmatic choice for a growing family or a handy homeowner who sees potential in personalizing the space.

Frequently Asked Questions

1. What does the "four-level split" layout mean for daily living?
This design typically creates distinct living zones across short flights of stairs, which can offer good separation between living, sleeping, and utility areas. It’s efficient for space but involves more stairs than a bungalow or two-story home.

2. How significant is the unfinished basement?
It's a major factor. It adds storage and mechanical space now, but finishing it would significantly increase the home's liveable square footage. Buyers should budget for this project if they need the extra rooms.

3. The home is 42 years old. What should I be mindful of?
While the core structure is established, key systems like the roof, windows, furnace, and plumbing may be at or beyond their typical lifespans. A thorough inspection is essential to understand any upcoming maintenance or replacement costs.

4. The lot is large, but what are the rules for using it?
The 6,333 sq ft lot is a standout feature. Buyers interested in adding a deck, shed, or even a future addition should check the City of Winnipeg's zoning bylaws for permissible building coverage, setbacks, and fence heights.

5. The assessment value seems high relative to its street ranking. Why?
The assessment is for the entire property (land + building). The home's assessment ranks higher city-wide (top 30%) than on its specific street (top 84%), likely because the large lot size holds significant value, even if the house itself is more modest compared to immediate neighbors.