Property Overview: 79 Cunnington Avenue, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Elm Park presents a practical opportunity. Its key characteristics include a renovated basement, a detached garage, and a moderately sized lot. With 1,015 sqft of living space, it is comfortably sized for the neighbourhood, though slightly below the city-wide average. The home was built in 1956, making it notably newer than many other homes in Elm Park, which can be an advantage for systems and maintenance. Its assessed value is consistent with averages at the street, neighbourhood, and city level, suggesting a fairly priced entry point into the area.
The appeal lies in its balance and location. It offers a turn-key basement renovation and the convenience of single-level living, suited to downsizers or first-time buyers. A less obvious perspective is its relative "modernity" within a historic neighbourhood like Elm Park; it provides a classic neighbourhood feel without some of the upkeep challenges of a century-old home. It would best suit buyers looking for a manageable, no-fuss property in a central, established community, who prioritize location and a solid foundation over expansive square footage or new construction.
Section 2: Frequently Asked Questions
1. How does the home's age compare to others nearby?
Built in 1956, this home is significantly newer than the average for Elm Park (where many homes are from the 1920s-1940s). This often means updated building standards and potentially fewer major retrofits.
2. Is the living space smaller than typical?
At 1,015 sqft, it is slightly below the Winnipeg average but is quite typical for Cunnington Avenue itself. The renovated basement effectively adds functional space, making the overall footprint efficient.
3. What does the assessed value tell us?
The assessed value is consistently around the average for the street, neighbourhood, and city. This indicates the property is not an outlier and is likely priced in line with market fundamentals for its type and area.
4. Who might this property not suit?
It may not suit buyers seeking a very large lot, as the parcel is average for the area, or those wanting a brand-new home. It's also a one-storey layout, which may not fit families desiring multiple upstairs bedrooms.
5. What is the context of the last sale price?
The home sold for $32.7k in April 2021. It is crucial to consult with a real estate professional for a current market analysis, as this historical price reflects a different market condition and may not include significant updates made since.