39 Woodview Bay

Property Overview

This 1982-built, one-storey home in Elmhurst offers a practical layout with 1,130 sqft of living space on a spacious 5,047 sqft lot. Its key features include a fully finished basement and an attached garage. The property presents a solid, no-frills foundation in a mature neighbourhood.

Its primary appeal lies in its value and potential. With an assessed value of $386,000, it sits in a competitive price range for Winnipeg. The large lot is a significant asset, offering ample outdoor space and future possibilities that are harder to find in newer subdivisions. The finished basement immediately adds functional living area. This home would suit first-time buyers seeking an entry point into the market, practical-minded owners looking for a manageable single-level layout, or investors interested in a property with good lot value and rental potential. It’s a home for those who see the merit in a well-located blank canvas rather than a turn-key modern finish.

Frequently Asked Questions

1. What is the neighbourhood like?
Elmhurst is a long-established, quiet community in Winnipeg. It features mature trees and largely consists of homes from the same era, offering a settled, residential feel.

2. Is the house outdated?
Built in 1982, the home will likely feature original or older elements. The value proposition here is the structure, lot size, and location. Buyers should budget for modernizing updates over time to suit their tastes.

3. What can you do with such a large lot?
The 5,047 sqft lot is a standout feature. It provides generous private outdoor space for gardening, play, or entertaining. In the long term, it could also allow for potential additions like a shed, deck, or even a suite (subject to city zoning approvals).

4. How do the “rankings” work?
The rankings compare this property against others on its street, in Elmhurst, and across Winnipeg for metrics like size, age, and value. For example, being newer than 64% of Winnipeg homes means it’s not the oldest, but it’s also not new. These stats help gauge how it stacks up in the broader market.

5. Why consider a home from the 1980s?
Homes from this period often have simpler, robust construction and more generous lot sizes compared to many newer builds. While systems like the roof, windows, or furnace may need attention or replacement due to age, the underlying structure and land offer a solid foundation.