Property Overview & Key Characteristics

This 1972-built three-level split home at 798 Laxdal Road offers a practical layout on a generous 7,197 sqft lot in Elmhurst. Its key appeal lies in its balance of space, established neighborhood feel, and relative value. The home features 1,076 sqft of living space and includes a finished basement, adding functional living area. A split garage provides covered parking.

The property’s standout characteristic is its land size, which is larger than 85% of all residential lots in Winnipeg, offering significant outdoor potential. While the home itself is of average size for its area, the lot represents a substantial asset. Its overall assessed value positions it as a mid-range option within the city, suggesting a solid baseline for buyers.

This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space. It’s also a candidate for value-conscious buyers who see potential in the large lot—whether for gardening, expansion, or future redevelopment—and are comfortable with a home from the 1970s that may benefit from personal updates over time.

Frequently Asked Questions

1. What does the "three-level split" layout mean?
This style typically features short flights of stairs separating living, sleeping, and basement areas, creating defined zones and often adding architectural interest compared to a standard bungalow or two-story.

2. How does the large lot size impact me?
Beyond simple outdoor space, a lot larger than most in the city provides rare privacy, room for additions like a shed or deck, and could be a long-term financial asset as land becomes scarcer.

3. The home was built in 1972. What should I be aware of?
While systems like roofing, windows, and the furnace may have been updated, a professional inspection is crucial to check the condition of original components, including plumbing, electrical wiring, and the foundation.

4. The rankings show it's newer than most on its street but smaller than most in its community. How should I interpret this?
This indicates the home is relatively modern on its block, which is a positive. The smaller living area compared to neighbors suggests a potentially more affordable entry point into a community where many homes might be larger or more updated.

5. What is the significance of the finished basement?
It immediately adds usable living space, which is valuable given the home's main-floor square footage is average. It’s important to verify the quality of the finish, ensure it meets local code, and check for moisture issues common in below-ground areas.