813 Laxdal Road

Property Summary: 813 Laxdal Road, Elmhurst, Winnipeg

Key Characteristics & Appeal

This 1971-built bi-level home sits on a generous 7,178 sqft lot in Winnipeg's Elmhurst neighborhood. Its key appeal lies in offering above-average space and a solid foundation in a mature, established area. With 1,512 sqft of living space, it provides more room than most homes locally, and its finished basement adds valuable functional area. The property's strength is reflected in its city-wide rankings: it surpasses 84% of Winnipeg homes for lot size and 73% for living area, indicating a property that is physically larger than the majority of the market.

The home would suit practical buyers looking for value in space and land over modern finishes. It’s ideal for those who appreciate the stability of an older neighborhood and see potential in a well-located, structurally sound canvas. The rankings suggest it’s a “bigger than average” property in a “more average” age and condition bracket, making it a compelling option for buyers prioritizing square footage and lot size who are comfortable with a home from the 1970s. It’s a property for someone who measures value in room to grow, both inside and out, rather than in brand-new condition.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, being newer than 74% of houses on its street but only 20% in the wider neighborhood suggests the immediate block has older homes, while Elmhurst overall has seen more recent construction.

2. Is a bi-level style suitable for my needs?
Bi-levels typically feature a main living area accessed by a short flight of stairs from the entrance, with bedrooms often on a lower level. This layout can offer good separation of living and sleeping spaces but may involve more stairs daily than a bungalow.

3. The house is over 50 years old. What should I budget for?
While systems like roof, windows, and furnace may have been updated, a home of this age warrants a thorough inspection. Budgeting for ongoing maintenance and potential updates to plumbing, electrical, or insulation is a prudent step.

4. There’s no garage. How big of a drawback is this?
For some buyers, this is a significant consideration for vehicle storage and workshop space. However, the large lot does offer potential for adding a garage or shed, subject to local bylaws and permits.

5. How does the assessed value relate to the likely selling price?
The municipal assessment of $433,000 is for tax purposes and uses mass appraisal techniques. It can be a general indicator, but the final sale price is determined by the current market, the home’s condition, and buyer demand.