Property Overview
This two-storey home at 68 Cunnington Avenue in Winnipeg's Elm Park neighbourhood presents a compelling blend of established character and above-average metrics for its immediate area. Built in 1942, the home features 1,512 sqft of living space and sits on a 5,201 sqft lot, with a renovated basement and a detached garage.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positional value within its specific market. While it's a classic wartime-era home, it stands out on its own street and in Elm Park for its above-average living space and a notably high assessed value relative to its neighbours. This suggests it may have been updated or maintained to a standard that outpaces many comparable homes in the area. The lot size is also a significant asset on Cunnington Avenue, ranking in the top 8%, offering more outdoor space than most nearby properties.
This home would suit a buyer looking for a established, character neighbourhood like Elm Park but who wants a property that offers more interior space and a larger yard than the area's typical offering. It’s a practical choice for someone who values the stability and mature streetscape of a post-war community but doesn’t want to compromise as much on square footage. The renovated basement adds functional living space, appealing to small families, remote workers, or those who simply desire more room to spread out.
Frequently Asked Questions
1. What does the high assessed value ranking mean?
It indicates that, for property assessment purposes, this home is valued in the top 8% on its street and top 16% in Elm Park. This often reflects improvements, condition, or desirable attributes that set it apart from immediate neighbours, though market sale price can differ.
2. Is the 1942 build date a concern?
While the home is older than the Winnipeg average, it is typical for Elm Park and Cunnington Avenue. Buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, wiring, and plumbing, which may have been updated over time.
3. How does the lot size compare?
The lot is generously sized for both the street and the Elm Park neighbourhood, offering more private outdoor space than many comparable properties. This is a key, less obvious advantage for gardening, recreation, or future expansion.
4. What can the 2017 sale price tell us?
The previous sale price provides historical context, but it is not a direct indicator of current value. The market and the property itself have likely changed in the years since. It's best used as a reference point alongside a current professional appraisal and recent neighbourhood sales.
5. Who are the most likely neighbours or buyers?
The home likely appeals to those seeking the quiet, established feel of Elm Park—often a mix of long-time residents, young families attracted to the character, and professionals. Its above-average stats suggest it may attract buyers looking to maximize space and value within this specific, well-regarded neighbourhood.