Property Overview

This 1979-built, one-storey home in Elmhurst offers a practical and spacious family layout on a large, nearly 7,800 sqft lot. Its key appeal lies in a well-established neighbourhood with a balanced mix of value and space. The home features over 1,300 sqft of living area, a finished basement, and an attached garage. Data rankings indicate it outperforms most Winnipeg homes for lot size and overall value, while being newer than most on its specific street. It suits buyers looking for a solid, move-in-ready property with ample outdoor space, without the premium of a brand-new build. It’s particularly fitting for first-time homeowners seeking room to grow, or downsizers who want single-level living without sacrificing yard size.

Frequently Asked Questions

1. How does the age of the home (built 1979) affect its condition and potential costs?
While newer than many houses on its street, a home of this age may require updates to major systems like roofing, windows, or the furnace. A thorough inspection is advised to budget for any modernizations or maintenance.

2. The lot is large, but what is the backyard like and how is it oriented?
The nearly 7,800 sqft lot offers significant potential for gardening, play, or expansion. It’s recommended to view the property in person or use street view tools to assess the backyard's privacy, sunlight, and current layout.

3. The community ranking for "newness" is lower. What does this mean for the area?
The home ranks in the top 61% for age within its broader community, meaning the immediate area likely has a mix of older and newer homes. This often indicates a mature, stable neighbourhood with established trees and character, rather than a developing one.

4. Is the finished basement a legal suite or suitable for rental income?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income should verify local zoning and licensing requirements with the city.

5. The assessed value is lower than the average for the street. Is this a concern?
The assessment is for municipal tax purposes and can differ from market value. Its ranking shows it’s in the middle of the pack for the street, which may reflect the home’s specific attributes or a conservative assessment, not necessarily a red flag.