Property Overview & Key Characteristics

This 1981 four-level split home in Elmhurst offers a practical and spacious layout on a large, mature lot. Its key appeal lies in the combination of generous living space (1,753 sq ft), a fully finished basement, and a land size (7,390 sq ft) that ranks highly within Winnipeg, providing room and privacy. The home’s established neighborhood setting is reflected in its strong rankings for lot size and living area, which outpace the majority of homes across the city.

The property would suit buyers looking for a functional family home with room to grow, both indoors and outdoors, without the premium of a new build. It’s particularly well-suited for those who value a sizable yard and appreciate a home with a proven, stable assessment value in a long-established area. A thoughtful perspective is that while the build year is 1981, the home’s above-average rankings for living space and lot size suggest it may offer better "value per square foot" than many newer, denser developments.

Frequently Asked Questions

1. What does the "ranking" information mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics like size and age. For example, its land size is larger than 86% of properties in Winnipeg, indicating a lot that is well above average.

2. Is a four-level split layout efficient?
This layout naturally separates living spaces across different levels, which can provide good noise separation and defined zones for family activities, sleeping, and storage. It is a common and practical design for its era, though it involves more stairs than a bungalow or two-storey.

3. The home was built in 1981. What should I consider?
A home of this age will likely have had major components like the roof, windows, and furnace updated or nearing their service life. A thorough inspection is key to understand the condition of these systems and to plan for any foreseeable maintenance.

4. How significant is the lot size?
At nearly 7,400 sq ft, the lot is a major feature. It offers ample space for gardening, recreation, potential additions like a deck or shed, and simply more distance from neighbors compared to newer standard lots.

5. What is the significance of the assessed value?
The municipal assessment of $466,000 provides a benchmark for its taxable value and is one data point in understanding the home’s market position. It is based on past sales and area trends, but the final market price is determined by current buyer demand.