4803 Eldridge Avenue

Property Overview

This 1972-built bungalow in Winnipeg offers a compelling blend of space, location, and value. Its key appeal lies in its generous 9,750 sqft lot and above-average 1,741 sqft of finished living space, which includes a developed basement. These characteristics place it in the top tier of homes locally for size. The property suits buyers looking for a spacious, single-level floorplan with room to grow or garden outdoors, and who prioritize a home with strong fundamentals over being brand new. It’s particularly well-suited for a growing family, someone seeking a manageable layout, or a value-conscious buyer who sees potential in a solid, well-sized property on a large lot.

A less obvious perspective is its competitive standing: while the home’s age is average for the area, its lot size, living space, and assessed value all rank highly within Winnipeg, suggesting it represents a strong footprint and foundation relative to the broader market.

Frequently Asked Questions

1. How does the home’s age affect its condition?
Built in 1972, the home is older but its systems and structure should be evaluated during an inspection. Its above-average rankings for size and value in Winnipeg indicate the core property has been maintained competitively.

2. What does the ranking data actually tell me?
The rankings show how this home compares to others. For example, its living space is larger than 83% of Winnipeg homes, which is a significant advantage. The lot size is exceptionally large, surpassing 93% of city properties.

3. Who would this property not be ideal for?
It may not suit those seeking a modern, turn-key home without any updates, or those who prefer a low-maintenance yard, given the substantial lot size.

4. Is the finished basement included in the listed living area?
Typically, the 1,741 sqft figure refers to above-grade living space. The finished basement provides additional usable square footage beyond that listed number.

5. What is the significance of the high assessment value ranking?
The assessment value ranking higher than 78% of Winnipeg homes suggests the municipal valuation sees substantial worth here, often reflecting lot size, living space, and general condition, which can be a positive indicator for market value.