Property Overview
This one-and-a-half storey home at 67 Cunnington Avenue in Winnipeg's Elm Park neighbourhood presents a blend of classic charm and practical updates. Its key appeal lies in a desirable, above-average lot size for the immediate area, offering more outdoor space than most homes on its street and in Elm Park. The home itself, with 1,319 sqft of living space, is competitively sized for the locale, and it features a renovated basement, adding valuable finished space. A detached garage completes the package. The assessed value sits above average for both the street and the neighbourhood, reflecting its perceived standing.
This property would suit a buyer looking for a character home in an established area who values a larger yard for gardening, children, or pets. It’s ideal for someone who appreciates the work of a renovated basement already being done but may be comfortable with a home whose structure dates to 1930, understanding that while charming, it may come with the maintenance considerations of an older property. The price point and profile suggest it's a solid entry into a mature community rather than a luxury purchase.
Frequently Asked Questions
1. How does the lot size compare practically?
At 5,712 sqft, the lot ranks in the top 6% on Cunnington Avenue and the top 23% in Elm Park. This means you're getting significantly more yard space than many neighbours, which is a premium feature in established neighbourhoods.
2. The home was built in 1930. What should I consider?
While the renovated basement is a plus, a home of this age will have original elements. Prospective buyers should pay close attention to the condition of major systems (plumbing, electrical, roof, foundation) during an inspection, as updates here can be more impactful than cosmetic finishes.
3. The assessed value is above average for the street. Is that good?
It indicates the city assesses this property more highly than many around it, often due to lot size, improvements, or overall condition. However, market sale price can differ. Reviewing the recent 2023 sale price of $410k against the $380k assessment is a more relevant starting point for value.
4. What does the sale history tell us?
The home sold for $410k in September 2023. The quick resale suggests it may have been an investment flip or a short-term ownership. It’s wise to inquire about the scope and permits for the basement renovation done during that period.
5. Is the living space small?
At 1,319 sqft, it is slightly above the average for both Cunnington Avenue and Elm Park. It is a moderately sized character home. The renovated basement effectively adds to the usable living area, which isn't always captured in the main square footage figure.