435 Elmhurst Road

Property Overview

This 1989-built, one-storey home in Varsity View offers a practical and well-positioned living space. Its key appeal lies in a combination of above-average size, a modern build date for its area, and a large, 6,790 sqft lot. With 1,436 sqft of living space and a finished basement, it provides ample room for a family. The home ranks notably well within Winnipeg for its lot size, assessed value, and relative newness, indicating a competitive position in the broader market. It would suit buyers looking for a move-in ready, single-level home in a central neighbourhood, particularly those who value a larger private yard and a property that holds strong standing in city-wide comparisons.

Frequently Asked Questions

1. How does the home's age (1989) compare to others in the area?
It is newer than approximately 77% of homes in Varsity View and 74% of homes across Winnipeg, which is a relative advantage in terms of potential system updates and construction style compared to many older neighbourhood properties.

2. What do the ranking percentages actually mean for a buyer?
They are competitive positioning metrics. For example, ranking in the "top 19%" for lot size city-wide means the property's lot is larger than 81% of homes in Winnipeg, a significant asset. Similarly, its assessed value is higher than 80% of city homes, often reflecting desirable characteristics.

3. Is the finished basement included in the 1,436 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional feature, providing extra usable square footage beyond the listed main floor area.

4. Who might this property be less suitable for?
Buyers seeking a brand-new build, those who prefer multi-storey layouts, or anyone wanting amenities like a pool should look elsewhere. Its single-storey design may also not suit buyers preferring distinct separation between living and sleeping floors.

5. How significant is the "Varsity View" location?
This established neighbourhood offers central convenience near the University of Manitoba. The appeal is proximity to amenities and academia, with a quieter, residential feel. The high city-wide rankings suggest you are buying into a property that stands out in terms of scale and value even beyond the immediate area.