Property Overview: 55 Brittany Drive

Key Characteristics & Appeal

This 1984-built, one-storey home in Elmhurst offers a practical and comfortable layout with 1,490 sqft of living space on a spacious 5,539 sqft lot. Its key features include a fully finished basement and an attached garage. The home’s appeal lies in its established, quiet neighbourhood and its solid positioning within the wider Winnipeg market. It ranks notably well for its assessed value, placing in the top 17% city-wide, suggesting it is viewed as a strong value proposition relative to many other properties. The lot size is also competitive within its immediate street.

It would suit buyers looking for a move-in ready, single-level living option without the premium of a brand-new build. It’s particularly suited for first-time buyers or downsizers seeking space and a finished basement for family or hobbies, who value a home with recent resale history (2021) for market reference. A thoughtful perspective is that while the living area is modest for the street, its above-average rankings for lot size, assessed value, and newer age within the community indicate a property that offers good underlying asset value and a desirable setting, which can be as important as interior square footage.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,490 sqft, the living area is more modest than many homes on its street, ranking in the top 90% (meaning 90% of street homes are larger). However, the lot size is more competitive, surpassing 33% of street properties.

2. What does the assessment value ranking tell us?
The city assessment of $508,000 ranks higher than 83% of all Winnipeg homes, placing it in the top 17%. This suggests the municipal assessment views it favorably compared to the broader market, which can be a positive indicator for its perceived value.

3. Is the home older for the area?
Built in 1984, it is actually newer than 71% of homes in the Elmhurst community, ranking in the top 29%. For an established neighbourhood, this is a relatively newer home.

4. What can the 2021 sale price tell a buyer?
The home sold for $465,000 in January 2021. This provides a recent market anchor point, showing active market interest just over three years ago and offering a basis for evaluating current price changes.

5. What is the neighbourhood ranking like?
Within the Elmhurst community, the home ranks most strongly for its assessed value (top 25%) and build year (top 29%). Its overall community ranking for all metrics combined places it above 19% of neighbourhood homes.