Property Overview: 90 Woodfield Bay, Elmhurst, Winnipeg

This 4-level split home, built in 1981, presents a practical and updated living space in a mature Winnipeg neighbourhood. With 1,425 sqft of living area and a recently renovated basement, it offers functional space for a growing household or those looking for distinct living zones. The detached garage and a near-5,000 sqft lot provide standard outdoor and storage amenities. Its assessed value of $370k positions it as a competitively priced option within the broader city market.

Section 1: Key Characteristics & Appeal

• Key Features: The home's primary assets are its renovated basement, adding immediate liveable space, and its efficient 4-level split layout, which naturally separates living areas. At 1,425 sqft, the living space is squarely average for the immediate street and city, suggesting a comfortable size without premium square footage costs. The 1981 build date is newer than many homes on the street, potentially implying fewer immediate major upkeep needs relative to older peers.
• Where the Appeal Lies: The appeal is grounded in value and functionality. It suits buyers seeking a move-in-ready basement and a home that requires no major initial renovations. While the lot size is smaller than the Elmhurst area average, it translates to less yard maintenance—a plus for busy professionals or those seeking a low-maintenance property. Its value proposition is strongest city-wide, where it sits near the median, rather than within the Elmhurst area specifically, where it ranks in the lower tier for assessed value.
• Ideal Buyer Profile: This property would suit first-time buyers or young families looking for a practical, updated home in a stable neighbourhood. It’s also a sensible match for value-conscious buyers who prioritize updated interiors over a large lot size and are comfortable with a home that offers average space and city-wide value rather than standout area statistics.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the neighbourhood?
While its assessed value is around the city-wide average, it ranks in the bottom 16% for value within the Elmhurst area itself. This suggests you may get more updated house for your money compared to some area listings, but the property may not have the same lot size or premium features as higher-valued Elmhurst homes.

2. What does the "4-Level Split" layout mean for daily living?
This style creates multiple, distinct living levels over half-floors. It offers good separation between spaces (like distancing a rec room from bedrooms) but involves more stairs than a bungalow or standard two-story. It’s ideal for those who like defined zones but may not suit those with mobility concerns.

3. Is the lot size a drawback?
At just under 5,000 sqft, the lot is smaller than the typical Elmhurst property. For some, this is a downside for outdoor space or privacy. For others, it represents less yard work and a more efficient, manageable outdoor area.

4. The home sold recently in 2022. What should I consider?
The sale two years ago indicates a relatively quick turnover. It’s wise to ask why the owners are moving and to review any improvements made since that purchase. A recent sale also provides a very current market price point for comparison.

5. How does the age of the home (1981) factor in?
Built in 1981, the home is newer than many on its street and the Winnipeg average. Key components like the roof, windows, and major systems (heating, electrical) are likely original or have been updated at various times, so a thorough inspection to understand their remaining lifespan is crucial.