Property Overview

This 1983-built, one-storey home in Elmhurst offers a practical and spacious family living environment on a large, 7,830 sqft lot. Its key appeal lies in its above-average scale and established setting. With 1,684 sqft of living space, a finished basement, and an attached garage, it provides ample room. The property ranks highly within Winnipeg for its lot size, overall value assessment, and living area, indicating a solid, competitive offering in the broader market. It particularly suits buyers looking for a single-level home with a generous yard in a mature neighbourhood, who prioritize space and value over a newer build. A thoughtful perspective is that while the home itself is middle-of-the-road for its immediate street in terms of size, its standout asset is the very large lot, offering significant outdoor potential and a sense of privacy that's becoming rarer. It represents a classic, grounded choice for a growing family or those seeking a manageable layout without sacrificing land.

Frequently Asked Questions

1. How does the age of the home (43 years) factor into its value and appeal?
The 1983 build places it in a mature stage where major components may be due for updates, which is reflected in the price. However, homes from this era often feature larger lot sizes and roomier floor plans compared to newer builds, offering a trade-off between modern finishes and generous space.

2. The rankings show the living area is only bigger than 36% of homes on its own street. Is that a concern?
Not necessarily. This indicates the street has many large homes, reinforcing the neighbourhood's appeal. The property compensates with a lot size that surpasses 90% of its neighbours, meaning its outdoor space is a dominant feature compared to others on the block.

3. What is the significance of the high assessment value ranking?
Ranking higher than 85% of Winnipeg homes for assessed value suggests the municipal assessment views this property as a substantial asset relative to the entire market. It generally indicates a strong value foundation, though the final sale price is determined by the market.

4. Who would this property suit best?
It's ideal for families or downsizers seeking single-level living without compromising on yard space. It suits a buyer comfortable with a home that may require periodic updates but offers proven space, stability, and a large outdoor area in an established community.

5. What might be a less obvious consideration with this property?
The high lot size ranking is its standout feature. Buyers should consider the potential and any associated costs of maintaining or enhancing such a large yard. Conversely, it offers exceptional room for gardens, play areas, or future expansions like a deck or shed, which are not always possible on newer, smaller lots.