3612 Eldridge Avenue

Property Overview

This 1970-built bungalow in Elmhurst offers a classic and practical family layout on a large, 7,278 sqft lot. Its key appeal lies in a combination of space, established charm, and strong relative value. The 1,360 sqft home features a fully finished basement and a split garage, providing flexible living and storage space. The property stands out for its above-average lot size within the street and neighborhood, and its assessment value ranks highly, surpassing 85% of all Winnipeg homes. This suggests a well-regarded property in a desirable location. The bungalow style and single-level living (plus finished basement) would particularly suit first-time buyers seeking a move-in-ready home with room to grow, downsizers looking for manageable space without sacrificing room for guests or hobbies, or families who value a large outdoor area for play and gardening in a mature community.

Frequently Asked Questions

1. How does the age of the home affect maintenance?
Built in 1970, major systems like the roof, windows, and furnace may be at or approaching the stage where updates are considered. A thorough inspection is advised, but the home's age also means it's situated in a well-established neighborhood with mature landscaping and settled foundations.

2. What does the high assessment value ranking actually mean?
Ranking higher than 85% of Winnipeg homes for assessed value is a strong indicator of the property's perceived worth by the municipal assessor, often reflecting lot size, location, and improvements. It's a positive sign for equity, but it's important to note that property taxes are also calculated based on this assessment.

3. Is the finished basement included in the 1,360 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The fully finished basement is an additional bonus space, adding significant functional area to the home that isn't captured in that primary figure.

4. Who might find the "split garage" layout beneficial?
A split garage (often a double garage separated by a wall) offers practical advantages like isolating a workshop space, storing lawn equipment separately from vehicles, or providing a dedicated bay for a smaller car or motorcycle with extra storage on the side.

5. The home ranks lower for "newness" in the community. Is that a concern?
This ranking reflects that many homes in Elmhurst are newer. However, a 1970 build is still a solid, mid-century home in a mature area. The trade-off is often a larger lot size and more established trees compared to newer subdivisions, which many buyers actively seek.