Property Overview: 871 Manhattan Avenue, East Elmwood
Key Characteristics & Appeal
This one-storey home in East Elmwood, built in 1950, presents a practical and straightforward living opportunity. Its key appeal lies in its balance of a renovated basement, a detached garage, and a notably generous lot. At over 4,500 square feet, the land area is well above average for both the immediate street and the neighbourhood, offering valuable outdoor space and potential. With 855 sqft of living space, the house itself is modestly sized but typical for the area.
The property’s assessed value stands out as being above average for Manhattan Avenue, suggesting it is viewed favorably relative to its closest peers. This combination—a renovated lower level, a sizeable yard, and a solid valuation for the street—makes it a pragmatic choice. It would suit first-time buyers looking for a manageable home with room to grow outdoors, or investors seeking a stable, no-frills property in a long-established community. The appeal is grounded in utility and lot size rather than luxury finishes or square footage.
Frequently Asked Questions
1. How does the property’s size compare to others nearby?
The 855 sqft living area is very close to the average for both Manhattan Avenue and the wider East Elmwood neighbourhood. The standout feature is the land, which is larger than most lots on the street and in the area.
2. What does the "above average" assessed value for the street indicate?
It suggests that, compared to the 100 properties on Manhattan Avenue used for comparison, this home’s assessed value is in the top 21%. This could reflect the renovated basement, lot size, or overall condition relative to its immediate peers.
3. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official living area (main floor) calculation. The 855 sqft likely refers to the main floor only, with the renovated basement providing additional functional space.
4. What is the neighbourhood like?
East Elmwood is a mature, established neighbourhood. The listing shows nearby properties of similar vintage and scale, indicating a consistent, quiet streetscape typical of post-war Winnipeg communities.
5. How old is the home, and what might that mean for a buyer?
Built in 1950, the home is about 76 years old. This is very typical for the area. Buyers should budget for maintenance and updates consistent with a home of this age, while appreciating the character and established lot that come with an older property.