Property Overview

This 1971-built, one-storey home in Elmhurst offers a practical and private living space on a large, 7,197 sqft lot. Its key appeal lies in its balance of established character, ample outdoor space, and a functional layout. The 1,262 sqft home features a finished basement and a detached garage. Market rankings indicate it outperforms most Winnipeg homes in size and value, but is more average within its immediate neighborhood, suggesting a well-priced entry into a mature area. It suits buyers looking for a single-level living option with room to garden or expand, who value privacy over a brand-new build, and are comfortable with the maintenance considerations of a 55-year-old home.

Key Considerations & FAQs

1. What is the true condition of the home given its age? While the rankings show it's newer than most on its street, a 1971 build requires a thorough inspection. The updated finished basement is a plus, but focus should be on the roof, major systems, and envelope to understand upcoming maintenance.
2. How does the lot size and privacy compare to others? The lot is significantly larger than average, offering excellent outdoor potential. Its rankings suggest more privacy and space than most Winnipeg homes, which is a major asset not fully reflected in square footage alone.
3. Why is the home's ranking higher city-wide than in its own neighborhood? This pattern often indicates the property is a strong value within the broader market, but is situated in an established, desirable community where many homes are of similar or greater size, which can contribute to stability.
4. What are the implications of a detached garage? This provides flexibility but means dealing with snow removal on a separate path in winter. It could also be a candidate for future conversion to a workshop or studio, subject to local bylaws.
5. Is this a good candidate for future expansion or renovation? The large lot and one-storey design could allow for additions, like an extension or a sunroom. Buyers should verify zoning setbacks and consider the home's existing layout to assess the feasibility and cost of such projects.