75 Avril Lane

Property Summary: 75 Avril Lane, Winnipeg

Key Features & Buyer Profile

This 1982 four-level split home in Elmhurst sits on a large, 5,004 sqft lot and offers 1,870 sqft of living space. Its key characteristics include an unfinished basement and an attached garage. The appeal lies in its generous interior size, which ranks within the top 15% of Winnipeg homes, paired with a substantial lot that provides ample outdoor potential. While the home itself is of average age for the area, the combination of above-average living space and land size presents a solid value proposition.

This property would best suit practical buyers looking for room to grow. It’s ideal for a family or a long-term owner who values functional space over turn-key finishes and sees potential in personalizing the home over time. The unfinished basement is a key project space, allowing for customization. A thoughtful perspective is that while its rankings within its immediate street and neighborhood are modest, its standing improves significantly city-wide, suggesting it offers more space for your dollar compared to many Winnipeg homes, just in a well-established, non-prestige area.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for metrics like size, age, and assessed value. For example, being in the top 13% city-wide for living size means it is larger than 87% of Winnipeg homes.

2. Is the unfinished basement a drawback?
Not necessarily. It represents both a current cost-saving on property taxes (as unfinished space is assessed lower) and future potential. It allows a buyer to finish it to their own taste and needs, potentially adding significant value.

3. The home is older. Should I be concerned?
The 1982 build date is average for the Elmhurst neighborhood. The key consideration is the condition of major aging components like the roof, windows, and heating system, which should be verified during a professional inspection.

4. Who determines the assessed value, and is the price firm?
The assessed value ($451,000) is set by the municipal government for tax purposes. The listing price is set by the seller. The two figures can differ, and the assessed value is one reference point in market negotiations.

5. What is a four-level split layout?
This style features multiple short flights of stairs creating four distinct levels. It offers good separation of living and sleeping areas, but may not suit those seeking a completely open-concept main floor or who prefer to avoid stairs.