Property Overview & Key Characteristics

This 1984 two-storey home in Elmhurst offers a well-maintained and practical living space on a generous 5,591 sqft lot. Its key appeal lies in its established neighborhood setting and balanced, move-in-ready profile. The 1,449 sqft interior includes a finished basement, providing flexible space for recreation or guests, and is complemented by the convenience of an attached garage.

The home’s competitive rankings reveal its nuanced position: while its living area is above average for the city, its value proposition is grounded in its lot size and recent updates, rather than sheer square footage. It particularly suits first-time buyers or downsizers seeking a manageable, single-family home without a major project, or investors looking for a stable rental property in a mature area. Its broad, above-average city rankings for lot size and age suggest a solid, no-surprises foundation in a quiet location.

Frequently Asked Questions

1. How does the finished basement add value?
Beyond extra living space, it provides functional flexibility—ideal for a home office, teen suite, or hobby room—which is a significant asset in a home of this size, effectively expanding its usable footprint without increasing property taxes proportionally.

2. What do the "rankings" actually mean for daily living?
They indicate the home’s relative standing. For instance, ranking newer than 66% of Winnipeg homes suggests major components like the roof and windows may have been updated, potentially reducing immediate repair costs. The strong lot size ranking means more private outdoor space than many city properties.

3. Is the 1984 build year a concern?
Homes from this era often have modern foundations and wiring standards. The key is the maintenance and updates since. Its high "newness" ranking for the street suggests it may be among the more updated homes in its immediate area.

4. Who might this property not suit?
Buyers seeking a brand-new, open-concept layout or very high-end finishes may find the traditional two-storey layout and 1984 origins require compromise. It's also likely not for those wanting a premium, top-tier position within the Elmhurst community itself.

5. How should I interpret the assessment value versus the asking price?
The municipal assessment ($406,000) is for tax purposes and often lags behind the current market. It’s a useful benchmark showing the home is valued in a broad, middle range for Winnipeg, but the listing price will reflect current market conditions, recent sales, and specific upgrades.