747 Elmhurst Road

Property Summary: 747 Elmhurst Road

Key Characteristics & Appeal

This property is a modern, one-storey home built in 2021, offering a turnkey living experience with minimal upkeep. Its primary appeal lies in the exceptional combination of a very large, half-acre lot (21,769 sqft) and a contemporary, fully finished home. The rankings data reveals its standout nature: it sits in the top 1-2% of Winnipeg for lot size, assessment value, and newness, offering a rare suburban scale with a new-build feel.

The home suits two main types of buyers. First, it's ideal for those seeking a spacious, low-maintenance property without the worries of an older home, perfect for downsizers or professionals who value their time. Second, it appeals to buyers who prioritize extensive outdoor space for gardening, recreation, or future expansion, but still want a modern, move-in-ready interior. A less obvious perspective is the value of its "blank slate" potential; the pristine condition and large, flat lot offer significant room for personalization—from landscaping to adding a detached workshop or patio—without the initial burden of major renovations.

Frequently Asked Questions

1. What does the "fully finished basement" include?
The listing confirms a finished basement but does not specify the rooms or layout. A viewing or follow-up with the listing agent is needed to determine if it includes bedrooms, a living area, or a rental suite.

2. Is the large lot manageable, and what are the upkeep costs?
While offering great privacy and space, a half-acre lot requires considerable maintenance for lawn care, gardening, and snow removal. Buyers should budget for higher utility costs for watering and consider the investment in landscaping equipment or services.

3. How does the 2021 build year impact insurance and warranties?
A home this new may qualify for better home insurance rates and likely still has some original builder warranties or new home warranty program coverage remaining. It's advisable to request any warranty documentation.

4. The home ranks highly for value; does that mean the asking price is firm?
The assessment value ranking (top 1%) indicates the municipal valuation is very high for the area, which often correlates with a strong market price. However, the final sale price is determined by current market conditions and buyer competition.

5. What is the community and street like for amenities and traffic?
The data shows the home ranks in the top 2% for newness within its community, suggesting it's in a newer subdivision or infill area. Researching local amenities, school catchments, and the traffic flow on Elmhurst Road itself would be important next steps.