38 Chiswell Cove

Property Overview

This two-storey home in Elmhurst offers a well-proportioned living space on a generous lot, presenting a practical and comfortable family living proposition. Its key appeal lies in its balance of established community character and above-average interior space relative to many Winnipeg homes. With 1,896 sqft of living area and a fully finished basement, it provides ample room for a growing family. The 6,304 sqft lot is a significant asset, offering substantial outdoor space for recreation and gardening that is becoming less common in newer subdivisions. The home’s 1986 build date places it in a sweet spot—modern enough to avoid major antiquated systems, yet settled into a mature neighbourhood with established greenery.

The property’s competitive rankings are noteworthy. It scores highly for its lot and living area size, placing in the top 25% and 12% citywide, respectively. This suggests buyers get more physical space here than in a typical Winnipeg listing. However, its age and value rankings within its immediate street are more moderate, indicating it sits among older, similarly valued homes on Chiswell Cove. This profile suits buyers seeking a "move-in ready" home that doesn’t require a full renovation, but who also value a large yard over a brand-new build. It’s ideal for a family looking for space to grow indoors and out, within a stable, established neighbourhood.

Frequently Asked Questions

Q: How does the home’s age impact maintenance?
A: Built in 1986, major components like the roof, windows, and heating system are likely at or beyond their typical lifespan. A thorough inspection is crucial to anticipate upcoming updates, though the home avoids the potential issues of much older heritage properties.

Q: The lot is large, but how is the outdoor space configured?
A: At over 6,300 sqft, the lot size is a major feature. Buyers should consider its orientation (for sun exposure), topography, and current layout to assess its suitability for decks, gardens, or play areas, as these factors aren't detailed in the basic stats.

Q: The home ranks highly for size citywide, but lower on its own street. What does this mean?
A: This indicates Chiswell Cove is a street of relatively large, established homes. You’re getting a property that is spacious by general Winnipeg standards, while fitting cohesively into a neighbourhood of similar, mature properties.

Q: What is the significance of the fully finished basement?
A: It immediately adds functional living space, which could be used as a rec room, home office, or guest area. It’s important to verify the quality of the finish, ceiling height, and ensure it remains dry, as basement moisture can be a concern in older homes.

Q: The assessment value is $518,000. How should a buyer use this figure?
A: The municipal assessment is for tax purposes and is not a market valuation. However, its ranking—in the top 15% citywide—confirms this is a higher-value property in Winnipeg’s context. The sale price will be determined by current market conditions, recent comparable sales, and the home’s specific condition.