54 Elmvale Crescent

Property Overview

This two-storey home on a large, 6,000+ sqft lot in Southboine offers a blend of established character and above-average space. Built in 1977, its key appeal lies in its generous proportions and quiet, mature neighbourhood setting. With over 2,100 sqft of living space, it ranks in the top 6% of Winnipeg homes for size, providing ample room for a growing family. The finished basement and attached garage add practical living and storage solutions. Its assessed value positions it well within the market, ranking higher than most homes locally. This property would suit buyers looking for a established home with a sizable footprint, who value space over new construction and appreciate the stability of a long-standing community. It's a practical choice for those willing to take on a home of this age, where updates may be part of the long-term plan but the core structure and room layout are solid assets.

Frequently Asked Questions

1. What does the ranking data actually mean for a buyer?
The rankings show this home is a standout in terms of living space compared to most of Winnipeg, but is more average in age for its immediate area. This suggests you're paying primarily for the generous interior and lot size rather than for a recently built property.

2. Are there any concerns with a house built in 1977?
As with any home nearing 50 years, a thorough inspection is essential. While systems like roofing, windows, and plumbing may have been updated, budgeting for potential maintenance or modernizations (such as insulation or electrical updates to current standards) should be part of your planning.

3. Who would this neighbourhood suit best?
Southboine typically appeals to those seeking a quiet, residential setting with a established feel. It's well-suited for families or individuals who prefer a stable community atmosphere over the buzz of newer, high-growth subdivisions.

4. How does the finished basement add value?
It immediately provides additional flexible space for recreation, a home office, or guest quarters without the need for a renovation project. In a home of this size, it effectively increases the usable living area beyond the already generous main square footage.

5. Is the lot size a major feature here?
At over 6,000 sqft, the lot is significantly larger than many found in newer developments. This offers great potential for gardening, outdoor living, and play space, and is a long-term asset that is increasingly difficult to find closer to the city core.