82 Ascot Bay

Property Summary: 82 Ascot Bay, Elmhurst, Winnipeg

Key Characteristics & Appeal

This 1968-built bi-level home sits on a generous 7,539 sqft lot in Winnipeg's Elmhurst neighbourhood. Its key features include a finished basement and a detached garage. With 988 sqft of living space, it presents a more compact and manageable footprint.

The primary appeal lies in its established setting and the value offered by the large, private lot—a rarity for the price point. The home ranks highly for its lot size within Winnipeg (top 13%), suggesting excellent outdoor potential. It suits first-time buyers seeking an entry into a mature neighbourhood without a massive interior to maintain, or practical downsizers who prioritize yard space over square footage. The finished basement adds flexible living or storage space. A thoughtful perspective is that while the home itself is modest in size and newer than only 8% of homes in its immediate community, it offers a solid "value of land" proposition. Buyers with a vision for renovations, expansions, or simply enjoying expansive green space will find the fundamentals here.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size is in the top 13% city-wide, which is a strong advantage, while its living area is smaller than most homes in its direct area.

2. Is the age of the home (58 years) a concern?
As with any home of this vintage, systems like plumbing, electrical, and the roof will likely need evaluation. The rankings show it's older than 92% of homes in Elmhurst, so a thorough inspection is essential to understand any needed updates or maintenance.

3. Who is the ideal buyer for this property?
It's well-suited for first-time homeowners or downsizers who value a large yard and an established neighbourhood over a large interior. It's a practical choice for those comfortable with a bi-level layout and who see potential in the land and the finished basement.

4. How does the assessment value relate to the asking price?
The municipal assessment is $369,000. This is a baseline for property taxes, not a market price. The final sale price will be determined by current market conditions, the home's specific condition, and buyer demand.

5. What are the pros and cons of a bi-level design?
Pros often include defined separation between living and sleeping areas, and generally efficient layouts. Cons can involve stairs being a central feature, which may not suit everyone, and sometimes less natural light in the lower level. The finished basement here adds to its functional space.