872 Elmhurst Road

Property Overview: 872 Elmhurst Road, Winnipeg

Key Characteristics & Appeal

This 1971-built, single-storey home sits on a generous 7,200 sqft lot in the Elmhurst neighborhood. Its key features include a fully finished basement and an attached garage. With 951 sqft of living space, it is a compact and manageable bungalow.

The primary appeal lies in its established setting and lot size, offering more outdoor space than many modern properties. Its rankings indicate it outperforms 85% of all Winnipeg homes in lot size, providing a rare sense of space and potential in the city. The finished basement effectively doubles the usable living area, a significant advantage not fully reflected in the square footage figure.

This property would best suit first-time buyers, downsizers, or practical investors seeking a solid, no-frills home on a large lot. It’s for those who value space over a modern footprint and see potential in a home that is more about fundamentals than immediate luxury. The strong lot-size ranking suggests it could also appeal to buyers with long-term plans for expansion or landscaping.

Frequently Asked Questions

1. Is the house small for a family?
At 951 sqft above grade, the living space is compact. However, the finished basement provides additional flexible space for a family room, office, or play area, making the overall usable space more comfortable than the main floor measurement suggests.

2. How does the 1971 build year affect the home?
Being over 50 years old, buyers should budget for updates to major aging components like the roof, windows, or HVAC system during their ownership. A thorough inspection is essential. On the positive side, homes from this era are often on larger lots than newer constructions.

3. What do the rankings actually mean?
They show how this property compares to others. For example, its lot size ranks in the top 15% city-wide, a major asset. Conversely, its assessed value is in the bottom 20%, which may indicate it’s priced below many area homes, but also reflects its age and smaller main floor plan.

4. Is the large lot more of a burden than a benefit?
That depends on the buyer. A 7,200 sqft lot offers great space for gardening, pets, or future additions. However, it also means more yard maintenance compared to a townhouse or smaller lot. The value is in how you intend to use it.

5. Who might this property not suit?
It may not be ideal for buyers seeking a modern, move-in-ready home with an open-concept layout, or for those who prioritize a high interior square footage ranking. It’s a property that rewards a practical vision and a willingness to maintain both the home and its sizable yard.