Property Overview: 26 Cunnington Avenue, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Elm Park presents a compelling mix of character and value. Its key characteristic is a renovated basement, adding functional living space to the 884 sqft main floor. The property sits on a roughly 5,200 sqft lot, which is standard for the area and offers good outdoor potential. Built in 1928, it carries the charm of its era.
The appeal lies in its financial positioning. Despite its modest size and age, the home holds an assessed value that ranks above average for its immediate street and neighbourhood. This suggests it is viewed as a solid asset within its local context, potentially due to the basement renovation or the desirability of the Elm Park location. It would suit first-time buyers or downsizers looking for a manageable, single-level footprint in an established community without a premium price tag. A thoughtful perspective is that this property represents an entry point into a mature neighbourhood, where the value is tied more to the land and location than to the size of the house itself, appealing to those who prioritize community over square footage.
Section 2: Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. At 884 sqft of living area, the main floor is below the average for similar homes on Cunnington Avenue, in Elm Park, and across Winnipeg. The renovated basement provides additional space.
2. Why is the assessed value relatively high for its size?
The assessed value ranks well above average for the street and neighbourhood. This is likely due to a combination of the basement renovation, the property's location in Elm Park, and market valuations that reflect the lot and area desirability more than pure square footage.
3. What does the lot offer?
The lot is approximately 5,197 sqft, which is around the average size for the street. It provides a typical suburban yard space for gardening, recreation, or future expansion.
4. How old is the home, and what does that mean?
The home was built in 1928. While this means some systems and components may be older, it also indicates a well-established streetscape and neighbourhood character. Its age is typical for many homes in the area.
5. What are comparable nearby properties like?
Nearby homes on Cunnington Avenue, such as 51 Cunnington, are often larger in living area and assessed value. This highlights that 26 Cunnington is a more compact option on the same desirable street, potentially offering a more accessible price point.