Property Overview

This 1985-built two-storey home in Elmhurst offers a well-established, spacious family environment. Its key appeal lies in its generous 7,097 sqft lot and a practical 1,627 sqft of living space, which includes a finished basement. The home presents a solid, move-in-ready foundation in a mature neighbourhood. Its competitive rankings indicate it outperforms most local homes in terms of lot size, living area, and assessed value for its age bracket, suggesting a property that has been maintained well relative to its peers.

It would particularly suit first-time buyers or growing families looking for a classic layout and a large yard without the premium of a brand-new build. The data suggests it offers strong value within Winnipeg broadly, but is more moderately positioned within its immediate community, appealing to buyers who prioritize space and established neighbourhoods over being in the absolute top tier of their specific street.

Key Questions for Consideration

1. What does the "finished basement" entail? It's important to clarify the finish level, ceiling height, and whether it includes a proper bathroom or secondary living space, as this significantly impacts usable square footage.
2. How does the 41-year-old age of the home factor in? While newer than most on its street, major systems like the roof, windows, furnace, and plumbing are likely at or beyond their typical lifespans. An inspection is highly advised to budget for potential updates.
3. The lot is large, but how is it oriented and shaped? A south-facing backyard is often prized for sunlight. The specific dimensions and layout affect gardening, play space, privacy, and potential for future additions like a deck or shed.
4. The assessment value is a guide, but what's the market context? The assessed value of $492,000 is a snapshot for tax purposes. Understanding recent sale prices of comparable homes in Elmhurst is essential to gauge the current market price and the seller's expectations.
5. What is the balance between community and street rankings? The home ranks very well city-wide for its size and value, but more moderately within Elmhurst itself. This can indicate a solid, balanced purchase—offering good overall value while being in a neighbourhood where further property appreciation may be steady rather than explosive.