868 Laxdal Road

Property Overview

This 1972-built, one-storey home in Elmhurst offers a practical and private living opportunity on a generous 7,196 sqft lot. Its key appeal lies in its balance of established character, ample outdoor space, and a location that provides quiet while remaining connected. The home features a fully finished basement, adding valuable living space to its 946 sqft main floor footprint. Its recent sale history and current assessment suggest a stable, entry-point value in the Winnipeg market.

The property would best suit first-time buyers, downsizers, or practical investors looking for a manageable single-level layout without the upkeep of a large house. Its above-average lot size is a significant asset for those who value gardening, outdoor privacy, or future expansion potential more than interior square footage. The rankings indicate it’s a home that offers more in terms of land and relative newness for its immediate area than in sheer size or recent premium valuation.

Key Considerations & FAQs

1. How does the finished basement impact the living space?
While the main floor is 946 sqft, the finished basement effectively doubles the usable living area. This is crucial for families or those needing separate spaces for a home office, recreation, or guests, making the home feel much larger than the main floor square footage suggests.

2. The lot size is well above average. What does that mean practically?
At over 7,000 sqft, the lot is a standout feature. It offers exceptional room for gardening, play, pets, or adding a detached garage or workshop. For the right buyer, this outdoor potential can outweigh the home's modest interior size.

3. The home ranks highly for "newness" on its street but lower in the community. What's the takeaway?
Built in 1972, it's newer than most on its specific street, suggesting well-established infrastructure and mature landscaping. The lower community ranking simply means there are many newer homes in wider Elmhurst, but you may get better value and a more settled feel on this particular road.

4. Who might this property not suit?
Buyers seeking a modern, open-concept layout or a turn-key, recently renovated interior may find the 1970s floorplan and finishes require updates. It's also not suited for those who require an attached garage.

5. What do the various price rankings indicate?
The rankings show the home's assessed and recent sale value is moderate compared to its immediate neighbors and the wider city. This positions it as a competitively priced option within its street and community, potentially offering an affordable entry into a stable area without paying a premium for location alone.