Property Overview: 44 Evesham Key

This well-established Elmhurst bungalow offers a practical and comfortable living arrangement on a generous, mature lot. Its primary appeal lies in its efficient single-level layout, significant lot size, and a location that provides a balanced mix of value and convenience. The home presents a solid opportunity for buyers seeking a functional property with established character.

Key Characteristics & Ideal Buyer

The 1,321 sqft bungalow, built in 1984, features a finished basement and an attached garage, creating a low-maintenance footprint. Its standout feature is the 5,854 sqft lot, which is notably larger than many in the immediate area, offering ample outdoor space for gardening, play, or future expansion. The home’s assessment value ranks highly within Winnipeg, suggesting it is perceived as a strong value proposition relative to the broader market.

This property is ideally suited for first-time buyers, downsizers, or practical investors looking for a manageable home without sacrificing yard space. Its one-storey design is particularly appealing for those seeking accessibility or wishing to avoid stairs. The neighbourhood rankings indicate it sits in a quiet street while still offering good access to city-wide amenities. A thoughtful perspective for buyers is to consider the potential of the large lot—not just for its current use, but as a long-term asset that provides flexibility and privacy rarely found in newer subdivisions.

Frequently Asked Questions

1. How does the home’s age affect its condition?
Built in 1984, the home is well into its lifecycle. Buyers should budget for updates to major aging components like the roof, windows, and HVAC system, which may be nearing or past their typical service life. A thorough inspection is essential.

2. What are the advantages of such a large lot?
The nearly 6,000 sqft lot is a significant asset, offering more privacy, space for recreation, and room for additions like a shed, deck, or garden. It also typically holds greater long-term value than the structure itself.

3. The home size ranks lower in the area; is it too small?
At 1,321 sqft, the living space is modest for the neighbourhood. However, the finished basement effectively doubles the usable area, making the home feel more spacious and functional than the main floor square footage alone suggests.

4. What do the ranking percentages actually mean?
They show how this property compares to others. For example, its lot size surpasses 64% of Winnipeg homes, indicating it’s larger than average. Conversely, its living area is smaller than 62% of city homes, confirming a compact main floor layout.

5. Is the high assessment value a good sign?
A $466,000 assessment that ranks in the top 23% city-wide is a strong indicator of the property’s perceived market value by the municipality. It generally reflects a favourable combination of lot size, location, and improvements, but the final sale price is determined by the market.