Property Overview: 795 Elmhurst Road

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1973, sits on a spacious 8,061 sqft lot in Winnipeg's Elmhurst neighborhood. Its primary appeal lies in offering above-average space and land relative to many city properties. With 1,793 sqft of living space, it provides more room than approximately 84% of Winnipeg homes, a significant advantage for growing families or those needing flexible space. The fully finished basement adds to its functional living area.

The property’s strength is its balanced, solid positioning. It isn't an outlier in any single category but performs well across several key metrics. It boasts a land size that surpasses 89% of Winnipeg properties, offering substantial outdoor potential. While the home's age places it in the middle of the pack city-wide, its interior space and lot size are standout features. The home suits buyers looking for a established property with room to breathe—whether that's for gardening, children, or future expansion. It would particularly appeal to practical buyers who value space and lot size over being in a brand-new build, and who see the value in a home that ranks highly in tangible, long-term assets like square footage and land.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the top 11% for lot size city-wide means you're getting a much larger yard than most Winnipeg homes. It's a useful tool for understanding the home's relative strengths, like its spacious interior and lot, at a glance.

2. The home is over 50 years old. What should I consider?
While the structure is mature, the fully finished basement is a positive update. A thorough inspection is key to understand the condition of major aging components like the roof, windows, and mechanical systems, and to budget for any modernizations you may desire.

3. There's no garage. Is that a major drawback?
This depends on your lifestyle. The large lot does offer potential for adding a garage or shed in the future, subject to local bylaws. For buyers who prioritize house and yard space over vehicle storage, or who are comfortable with on-street parking, this may be a worthwhile trade-off.

4. Who is the typical buyer for this property?
This home is well-suited for families or multi-generational households needing ample indoor and outdoor space. It also appeals to value-focused buyers who understand that a larger, older home on a big lot can offer more long-term potential than a smaller, newer property at a similar price point.

5. How does the assessment value relate to the listing price?
The municipal assessment of $431,000 is for tax purposes and reflects a mass appraisal from a past date. It's a useful data point showing the home is valued above average for its street, but the final market price is determined by current supply, demand, and the home's specific condition.