Property Summary: 335 Milford Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in East Elmwood is defined by its generous space, both indoors and out. With 2,294 sqft of living area, it offers significantly more room than most homes in the neighborhood and citywide, placing it in the top tier for size. The property sits on a 5,600 sqft lot, which is also larger than average for the area, providing ample outdoor space. Key features include a detached garage and a basement (not renovated). Built in 1960, it is a relatively newer home compared to many in its immediate vicinity.
The primary appeal lies in its rare combination of above-average interior space within a neighborhood context, paired with a substantial lot. It suits buyers who prioritize room to grow, value the potential of a blank-canvas basement for future customization, and appreciate the practicality of a detached garage. The assessed value is notably above average for East Elmwood, suggesting a solid perceived value in its local market, while being more moderately positioned on its specific street and citywide. This profile fits growing families, space-seeking buyers from smaller homes, or those looking for a property with clear, value-adding project potential.
Frequently Asked Questions
1. How does the living space truly compare to other homes?
This home’s living area is in the top 2% for East Elmwood and the top 5% citywide, meaning it offers substantially more interior space than the vast majority of Winnipeg homes.
2. Is the assessed value high for the area?
Yes. The assessed value ranks in the top 6% for the East Elmwood neighborhood, indicating it is considered a higher-value property within that community.
3. What does the sale history indicate?
The property sold in 2016 for $36.6k and again in 2019 for $35.1k. This recent history provides a clear benchmark for its market value over the past several years.
4. How does the lot size compare?
At 5,600 sqft, the lot is larger than approximately 90% of lots in East Elmwood, offering valuable outdoor space that is less common in the neighborhood.
5. The basement is noted as "not renovated." What should I consider?
This presents both potential and a project. It offers the opportunity to customize the space to your needs, but any finishing will require appropriate budgeting and planning. It’s a key factor for buyers weighing move-in readiness against future value addition.