65 Ascot Bay

Property Overview: 65 Ascot Bay, Elmhurst, Winnipeg

Key Characteristics & Appeal

This 1969-built, three-level split home sits on a generous 7,278 sqft lot in Winnipeg's Elmhurst neighbourhood. With 1,157 sqft of living space, a finished basement, and an attached garage, it offers a practical layout for everyday living. Its standout feature is the very large lot, which provides ample outdoor space for gardening, play, or future expansion—a rarity that ranks it in the top 15% of all Winnipeg properties for land size.

The appeal here is grounded in space, value, and established community. The home presents a solid opportunity for buyers seeking more yard than is typically available in newer subdivisions, without sacrificing interior functionality. It would particularly suit first-time buyers or downsizers looking for a manageable single-family home with room to breathe, or practical investors attracted by the lot's inherent value. A thoughtful perspective is the home's age: built in 1969, it ranks in the top 3% newest homes on its street, suggesting a well-established, mature streetscape with settled character. While the interior footprint is average for the area, the combination of a finished lower level and the exceptional outdoor space creates a very efficient total usable area.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics (like lot size or age). For example, ranking "in the top 15% in Winnipeg" for lot size means 85% of Winnipeg properties have a smaller lot, highlighting a key strength.

2. Is the lot size a potential for future expansion?
Given the lot's size (ranking highly city-wide), there is potential for additions like a large deck, shed, or possibly even a suite (subject to stringent city zoning bylaws, feasibility studies, and permit approvals). The space is a significant asset for customization.

3. What are the implications of a 1969 build date?
Homes of this era have known construction qualities. While systems like roof, windows, and plumbing may be due for updates or have been renovated over time, this also means the home is situated in a long-established neighbourhood with mature trees and settled infrastructure.

4. How does the 3-level split layout function?
This style typically features staggered half-levels, creating defined zones and potentially more privacy between living and sleeping areas. It can be energy-efficient for heating, but also means more stairs, which is a consideration for mobility.

5. Why is the assessed value higher than some nearby properties?
The $399,000 assessment likely reflects the substantial lot value, the finished basement adding livable space, and overall condition. It ranks higher than 65% of Winnipeg homes, indicating the city assessor sees above-average value here, primarily in the land and total property offering.