Property Overview
This two-storey home at 877 Nairn Avenue in East Elmwood presents a distinct profile. Its key appeal lies in being a modern, efficiently designed home in a neighborhood of predominantly older properties. Built in 2010, it is significantly newer than most area homes, which typically date to the mid-20th century. With 1,216 sqft of living space, it offers above-average interior room for both its immediate street and the wider East Elmwood area. The home features a renovated basement, adding to its functional space. A notable characteristic is its compact, low-maintenance lot of 2,183 sqft, which is considerably smaller than the Winnipeg norm. This contributes to its relatively modest municipal assessed value compared to the city-wide average, though it is assessed above average for its local context.
The property would suit first-time buyers or downsizers seeking a newer, move-in-ready home without the upkeep of a large yard. It’s also a practical choice for those who prioritize interior space and modern building systems over expansive outdoor land. The home’s efficient footprint and recent construction may appeal to cost-conscious buyers looking for lower maintenance and potentially better energy efficiency than the neighborhood's older housing stock.
Frequently Asked Questions
1. How does the home’s age compare to others in the area?
It is notably newer. Built in 2010, it ranks in the top 4% for year built in East Elmwood, where the average comparable home was built in 1953.
2. Is the living space spacious for the area?
Yes. The 1,216 sqft of living area ranks in the top 19% for East Elmwood, offering more interior space than over 80% of comparable local homes.
3. Why is the assessed value lower than the city-wide average?
The assessed value is influenced by several factors, with the compact lot size being a primary one. The land area is in the bottom 2% city-wide, which, combined with the home's efficient size, results in an assessment below the Winnipeg average despite its newer construction.
4. What should I know about the lot size?
The lot is 2,183 sqft, which is smaller than most in Winnipeg. This means minimal yard maintenance but also limited private outdoor space. It’s a trade-off that aligns with a low-maintenance lifestyle.
5. Was the basement renovation reflected in the last sale price?
The home last sold in May 2016 for $249,000. The renovated basement was likely a feature at that time, and its condition should be verified during a viewing and inspection.