4934 Eldridge Avenue

Property Overview

This 1971-built, one-storey home in Winnipeg offers a practical layout with 1,077 sqft of living space and a fully finished basement. Its key appeal lies in its generous 6,137 sqft lot, providing ample outdoor space that is increasingly rare. The home presents a solid value proposition, with an assessed value of $377,000, positioned well below the upper tier of the local market. It suits first-time buyers seeking a manageable single-level home with room to grow, or downsizers looking for a low-maintenance footprint without sacrificing yard space. Its rankings suggest it’s a competitively sized property within its immediate area, offering a grounded, no-frills opportunity in a mature neighbourhood.

Key Details & FAQs

Key Characteristics & Appeal:
This is a grounded, functional property centered on space and value. The primary draw is the substantial lot—over 6,100 sqft—which offers significant potential for gardening, recreation, or future expansion. The home itself is a modest-sized bungalow with a finished basement, catering to a desire for single-level living or additional below-ground space. Its appeal is practical rather than luxurious, positioned in the mid-range of its community for size and value. It would suit a buyer prioritizing land size over a modern or large interior, looking for a home that balances affordability with the possibility of personalization over time.

Frequently Asked Questions:

1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in its neighbourhood, and across Winnipeg. For example, its lot size ranks in the top 28% city-wide, meaning it's larger than most, while its living area is more average. This helps highlight its relative strengths, like outdoor space, versus areas where it is more typical.

2. Is the finished basement included in the 1,077 sqft living area?
Typically, the listed living area (1,077 sqft) refers to above-ground space. The finished basement is additional square footage, adding functional living or storage space not reflected in that main figure.

3. What are the considerations with a 1971 build?
A home from this era may have original components, like windows, roofing, or plumbing, that are nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates, though this also means the home may lack the complex issues of much older properties.

4. What is a "split" garage?
A split garage, or detached garage, is a standalone structure. It offers flexibility for use as a workshop or storage but means you walk outdoors to access your vehicle, a factor to consider during Winnipeg winters.

5. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those who prioritize a large interior over outdoor space. The rankings indicate the interior size is fairly standard, so the appeal is strongly tied to the value of the large lot.