Property Overview: 23 Sunset Boulevard, Elm Park, Winnipeg
Key Characteristics & Appeal
This 1929 one-storey home in Elm Park offers a compact, 848 sqft layout on a standard 5,080 sqft lot. Its key characteristic is value within a desirable neighbourhood. The home sits below average in size and assessed value for Elm Park, presenting a more accessible entry point into the area. Its appeal lies in this balance: a renovated basement adds modern living space, while the established lot and location offer stability and charm. The property suits first-time buyers seeking neighbourhood over square footage, downsizers looking for a manageable home without leaving a mature community, or value-focused investors attracted by the below-average assessment in a solid area. A thoughtful perspective is that a home ranking "around average" on its own street for size, year, and lot, but "below average" for the wider neighbourhood, suggests a street of consistent, modest character—offering community cohesion without the premium of larger, renovated homes nearby.
Frequently Asked Questions
1. Is the renovated basement included in the square footage?
No, the listed living area of 848 sqft typically refers to above-grade space. The renovated basement is additional square footage, adding significant functional space to the overall property.
2. How does the assessed value relate to the expected sale price?
The home last sold for $260,000 in 2020 and is now assessed at $290,000. In Winnipeg, assessed value is for taxation and may not reflect current market value. Sale price is determined by market conditions, but the assessment indicates it is positioned below the average home value in Elm Park.
3. What does having no garage mean for this property?
The property has no garage. This is a consideration for vehicle storage and may impact winter convenience. However, it also means lower maintenance and more usable yard space, which can be a benefit for some buyers.
4. How does the home's size compare practically to others?
At 848 sqft above grade, the home is notably smaller than the Elm Park average (~1,247 sqft). This indicates a efficient, likely classic floor plan. It’s ideal for those who prioritize location and lot over interior square footage, with the basement renovation providing crucial extra space.
5. Is the 97-year-old age of the home a concern?
The year built (1929) is typical for the street and area. While this means potential for older building materials and systems, it also comes with the established trees, lot size, and character often found in mature neighbourhoods. A thorough inspection is always recommended.