73 Ascot Bay

Property Overview

This 1969-built, one-storey home in Elmhurst offers a practical and spacious family layout on a large, 7,278 sqft lot. Its key appeal lies in the combination of a generous, private yard—a rarity in many established neighbourhoods—with a fully finished basement that extends the functional living space beyond the 1,081 sqft main floor. The home presents a solid value proposition, ranking highly within Winnipeg for lot size and assessed value. It particularly suits buyers looking for a single-level living setup with room to grow outdoors, or those seeking a home with immediate move-in readiness and the potential to personalize over time. Its strong "bones" and larger-than-average property footprint make it a practical choice for first-time homeowners needing space or downsizers who still want a substantial garden without the maintenance of a two-storey.

Frequently Asked Questions

1. How does the age of the home affect its condition and potential costs?
Built in 1969, the home is well-established. While it ranks very new for its street, prospective buyers should factor in the potential for age-related updates, such as the roof, windows, or major systems, during their inspection. The positive trade-off is the mature neighbourhood and a lot size that is often unattainable in newer subdivisions.

2. What does the "fully finished basement" actually provide?
It adds significant usable living area to the 1,081 sqft main floor. This is valuable for creating separate spaces for a family room, home office, or additional bedrooms, effectively increasing the home's functional capacity without increasing its property tax assessment, which is based on the above-grade square footage.

3. The home ranks highly for lot size but lower for living area. What does this mean?
This indicates the property's value is heavily weighted toward its expansive outdoor space. It's ideal for those who prioritize gardening, outdoor entertaining, or future additions like a shed or deck. Buyers seeking maximum interior square footage on a budget might compare it to newer homes with less yard.

4. Are the ranking percentages a good indicator of value?
They provide useful context. For instance, ranking ahead of 85% of Winnipeg for lot size highlights a key asset. However, the lower rankings for living area and newer construction within the community simply confirm it's a modest-sized, older home in a mature area—factors already reflected in its accessible price point.

5. What is the neighbourhood of Elmhurst like?
Elmhurst is a long-established, stable neighbourhood in Winnipeg. The home's lot size ranking within the community (ahead of 61%) suggests it is on the larger side for the area, offering more privacy and space than many of its neighbours, which is a distinct advantage.