95 Coopman Crescent

Property Summary: 95 Coopman Crescent

Section 1: Key Characteristics & Appeal

This 1997-built two-storey home in Elmhurst offers a well-proportioned and established family living space on a generous 7,294 sqft lot. With over 2,000 sqft of finished living area, including a developed basement, it provides ample room. Its appeal lies in a compelling combination of above-average metrics for its immediate area. The home ranks highly within its community and across Winnipeg for lot size, living space, and assessed value, suggesting a property that stands out in its peer group. The recent sale price significantly above the assessment indicates strong market recognition for these attributes.

It particularly suits buyers looking for a move-in ready home in a mature neighbourhood, who value space and established landscaping over a brand-new build. The data suggests it will appeal to those seeking a property with proven competitiveness and a history of value retention, ideal for a growing family or someone looking for a long-term home with room to breathe.

Section 2: Frequently Asked Questions

1. How does the recent sale price compare to similar homes?
The September 2024 sale price of $750,000 placed this home in the top 6% of sales for its street, top 1% for the Elmhurst community, and top 3% city-wide, indicating it was a premium transaction for the area.

2. Is the house relatively modern or dated?
Built in 1997, the home is nearly 30 years old. However, it ranks as newer than 93% of homes in Elmhurst and 78% in Winnipeg, meaning it is actually considered one of the more modern properties in a mature neighbourhood context.

3. What does the high ranking for "Assessment Value" mean?
The assessment ranking (top 6% in Elmhurst) means the city's assessed value for this property is higher than 94% of area homes. This often reflects a combination of the lot size, living space, and condition relative to neighbours, though market sale prices are determined by buyers.

4. Who might this property not suit?
Buyers seeking a brand-new, low-maintenance property or a compact, ultra-efficient layout may find other options. The size of the lot and the age of the home imply typical upkeep for a family-sized house and yard.

5. Are the rankings a reliable indicator of value?
The rankings provide excellent context for how this property compares to others in key metrics. They show it consistently outperforms most local benchmarks, which is a positive indicator of its fundamental appeal and competitive position in the market.