Property Overview

This 1967-built, single-storey home on a large 8,136 sqft lot in Elmhurst presents a classic and practical living opportunity. Its key appeal lies in its generous, established lot—larger than 89% of properties in Winnipeg—offering significant outdoor space and potential in a mature neighbourhood. The home itself is modest in size at 1,011 sqft but is move-in ready with a finished basement and a detached garage. Its overall assessed value positions it as a mid-range option within the city.

This property would best suit first-time buyers or downsizers seeking a manageable single-level layout without the upkeep of a large house, but who still value substantial private outdoor space. It’s also a pragmatic choice for a long-term holder who sees value in the lot itself, appreciating the possibility for future expansion or landscaping projects that such a large parcel allows. A less obvious perspective is its appeal to those who prefer the character and settled feel of an older neighbourhood, where the land often holds more long-term value than the structure.

Frequently Asked Questions

1. How does the age of the home affect its condition and costs?
Built in 1967, major systems like the roof, plumbing, or electrical may be at or beyond their typical lifespan. While the home is liveable, a pre-purchase inspection is crucial to budget for potential updates or repairs, which is typical for homes of this vintage.

2. What are the advantages and disadvantages of a detached garage?
A detached garage provides flexibility—it could be used as a workshop or studio without affecting the main house. The downside is dealing with winter weather when moving between your car and home, and it may require separate maintenance.

3. The lot is large, but what is the neighbourhood like?
The Elmhurst area is a mature, established community. The high lot-size ranking suggests a neighbourhood with spacious properties, offering more privacy and greenery than newer subdivisions. It’s worth visiting at different times to gauge traffic and neighbour activity.

4. The living space is on the smaller side. Is there room to grow?
The finished basement immediately adds usable space. Furthermore, the very large lot is the key asset here, potentially allowing for a future addition (subject to zoning and permit approvals) that a smaller lot would not.

5. How should I interpret the various ranking percentages provided?
These rankings compare this property to others on its street, in Elmhurst, and across Winnipeg. They show its relative strengths and weaknesses. For instance, it ranks highly for lot size but lower for the newness of the build, helping you understand where its value is primarily derived.