Property Overview: 73 Sunset Boulevard, Elm Park, Winnipeg
Key Characteristics & Appeal
This one-storey home on a quiet, established street offers a blend of classic charm and modern practicality. Its 864 sqft living area is compact but efficiently laid out, supported by a renovated basement that adds valuable functional space. The detached garage and a land size of over 5,000 sqft provide ample outdoor potential for gardening, entertaining, or future expansion.
The primary appeal lies in its strong position within the immediate neighbourhood. While the home's size is modest compared to the wider city, its assessed value of $370k ranks well above average for Sunset Boulevard itself, suggesting a premium for its specific location and lot. It suits buyers seeking a manageable, single-level footprint in a mature area without a major renovation project, thanks to the updated basement. It’s an ideal entry point into the Elm Park community for downsizers, first-time buyers, or those who prioritize character and location over sheer square footage, offering room to grow on a desirable lot.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The home’s assessed value is above average for its own street but sits around the average for the broader Elm Park neighbourhood and city. This indicates you are paying a premium for this specific, well-regarded location within the community.
2. Is the living space sufficient for a small family?
At 864 sqft above grade, the main floor space is cozy. The renovated basement is a crucial factor, effectively doubling the usable living area and making it more viable for a small family or for creating distinct living and recreational zones.
3. What are the implications of the 1930 build date?
Built in 1930, the home is older than most in Elm Park and the city. This brings character but warrants a thorough inspection to understand the condition of original components like wiring, plumbing, and the foundation, balanced against the updates already completed.
4. How does the lot size benefit a buyer?
The 5,081 sqft lot is larger than many on the street and in Elm Park. This is a key asset, offering more privacy, green space, and future potential (like a garden, shed, or deck) than is typical for the area, which is often a priority for buyers in mature neighbourhoods.
5. What is the recent sales history context?
The home last sold in July 2020 for $343,000. Market conditions have shifted since then, so this price is a historical data point rather than a direct indicator of current value. The assessed value provides a more recent benchmark for municipal taxation purposes.