47 Woodchester Bay

Property Overview & Key Characteristics

This 1983-built, one-storey home in Elmhurst offers a practical and comfortable living space on a generous 6,603 sqft lot. Its key appeal lies in a combination of space, established location, and relative value. The 1,323 sqft interior includes a finished basement, providing flexible living or storage space, and is complemented by an attached garage. The home’s standout feature is its large lot, which offers significant outdoor space and potential in a mature neighbourhood.

Its appeal is grounded in being a well-sized, single-level property—ideal for downsizers, first-time buyers, or those seeking ease of living without stairs. The rankings indicate it outperforms most Winnipeg homes in lot size, is newer than most on its street, and holds a strong assessed value position. It suits a buyer looking for a move-in ready, low-maintenance bungalow in a quiet bay, who values a larger private yard over a brand-new build. A thoughtful perspective is that while the interior size is average for the area, the lot represents a premium asset for future enjoyment or expansion that is becoming rarer in established neighbourhoods.

Frequently Asked Questions

1. How does the finished basement add value?
It increases the usable living area, offering flexibility for a family room, home office, or guest space without the need for a costly renovation.

2. What does the "rankings" data actually mean for me?
It provides a quick, data-driven snapshot of how this property compares to others. For example, being newer than 97% of homes on its street suggests well-maintained, modern infrastructure, while the lot size ranking highlights a key competitive advantage.

3. Is a 1983-built home a concern?
While not new, the home is younger than most in its immediate area. A thorough inspection is always recommended, but its age suggests systems and structure are from an era of reliable building standards, potentially avoiding some issues of much older or very recent builds.

4. Who would this property not suit?
It may not suit those seeking a modern, open-concept layout without renovation work, or buyers who prioritize a brand-new home with all latest finishes. The one-storey design also means all living space is on a single level.

5. What is the significance of the large lot?
Beyond private outdoor space, a lot of this size in an established neighbourhood offers long-term benefits such as greater privacy, room for gardens or recreation, and potential for future additions like a deck or shed, subject to local bylaws.