91 Woodview Bay

Property Overview: 91 Woodview Bay, Elmhurst, Winnipeg

Key Characteristics & Appeal

This 1982-built, one-storey home sits on a generous 4,786 sqft lot in Elmhurst. Its key features include a fully finished basement and an attached garage. With 1,000 sqft of living space, it presents as a manageable, single-level layout. The property’s assessed value is $374,000.

Its primary appeal lies in its established neighbourhood setting and the practicality of a main-floor living layout, which is well-suited for downsizers, first-time buyers, or those seeking a low-maintenance lifestyle. The finished basement adds valuable flexible space for recreation, a home office, or guest accommodation. A thoughtful perspective is its relative ranking: while the home size is modest compared to others in Winnipeg, the lot size is a standout feature for the area, offering above-average outdoor space for gardening, play, or future expansion—a valuable asset not immediately apparent from the square footage alone. This property would best suit practical buyers looking for a solid, no-frills home in a mature community, where the land itself represents a significant portion of the value and potential.

Frequently Asked Questions

1. How does the age of the home (built in 1982) affect things?
While 44 years old, the home is in the newer half for its community and Winnipeg overall. Buyers should budget for updates to era-specific components like windows, roofing, or mechanical systems, but the structure has proven its durability.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider Elmhurst community, and all of Winnipeg. For example, ranking "in the top 61%" for lot size in Winnipeg means its lot is larger than 61% of all properties, a notable advantage.

3. Is the finished basement included in the 1,000 sqft living area?
No. The 1,000 sqft refers to the above-ground living space. The finished basement is additional square footage, increasing the home's usable space beyond the listed area.

4. Who might this property not suit?
It may not suit those needing extensive modern, open-concept living areas or more than two bedrooms on the main floor, given its size and era of design. It’s a home for those who value function and lot size over sheer interior volume.

5. How should I interpret the assessment value versus the asking price?
The $374,000 assessment is for municipal tax purposes and reflects a government valuation. The listing price is set by the seller based on current market conditions. The two figures can differ, so recent comparable sales are the best guide for actual market value.