Property Overview: 59 Springside Drive, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in the established Elm Park neighbourhood offers a practical and grounded opportunity. Built in 1945, it features 1,240 sqft of living space and sits on a 5,084 sqft lot, with a detached garage and a renovated basement. Its key appeal lies in its position as a solid, average performer within its immediate context. The home's living area, assessed value, and lot size are all consistently around the average mark for Springside Drive and Elm Park, suggesting a property that aligns well with the local market without extreme outliers. This makes it a straightforward and predictable option.
The home would suit first-time buyers or downsizers looking for an entry into a mature neighbourhood without the premium of a fully modernized or oversized property. The renovated basement adds functional living space, a valuable asset in a home of this era. A thoughtful perspective is that its "average" metrics within a desirable area like Elm Park can represent stability and lower risk, as the home isn't over-improved relative to its surroundings. It’s a canvas for gradual, personalized updates rather than a project requiring immediate major overhauls.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Elm Park?
The data shows this home is very typical for the Elm Park area in terms of size, value, and age. Its living area and assessed value rank near the middle of local comparables, meaning it’s a representative example of the neighbourhood's housing stock.
2. What is the significance of the renovated basement?
A renovated basement in a home from this era immediately adds usable living space without the buyer needing to undertake a major renovation project. It provides flexibility for a family room, home office, or additional storage.
3. Is the lot size a pro or a con?
While the lot is below the average size for Elm Park, it is closer to the average for Springside Drive itself. This means it is consistent with the streetscape, offering manageable yard maintenance. It may appeal to those seeking outdoor space without the upkeep of a larger lot.
4. The home was last sold in 2020. What should I consider?
The sale four years ago indicates a relatively recent change in ownership. A buyer will want to understand what updates or maintenance were completed during that period, as this can influence the home's current condition and any imminent capital needs.
5. Who might this home not suit?
Buyers seeking a move-in-ready modern home or a property that stands out significantly above neighbourhood averages in size or finish may find this home too modest. It is best suited for those comfortable with the character and potential ongoing maintenance of a well-kept older home.