Property Overview: 9 St Mark's Place, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1943, stands out for its generous proportions in a well-established neighbourhood. Its primary appeal lies in its significant living space of 2,438 sq ft, which ranks within the top 9% of homes on its street and the top 3% citywide. The property is situated on a large 6,616 sq ft lot, offering ample outdoor space that is above average for both Elm Park and Winnipeg. A renovated basement adds functional, modernized living area.
The home’s assessed value positions it as an above-average property on its street and an elite-level home within the desirable Elm Park area. This suggests a combination of a prime location and substantial physical assets. It would particularly suit buyers looking for a classic, spacious family home with room to grow, set on a sizable lot in a mature, central neighbourhood. The property offers a less obvious advantage for those who value established character and generous room sizes over newer construction, providing a solid foundation in a community with deep roots.
Section 2: Frequently Asked Questions
1. How does the home’s age impact its value?
Built in 1943, the home is newer than many on its street but older than the average Winnipeg home. This is typical for Elm Park and suggests a well-built, character property that may have undergone updates, like the renovated basement, but where buyers should anticipate maintenance consistent with its era.
2. What does the "Elite" ranking for living area in Elm Park mean?
It means this home’s interior square footage is larger than approximately 98% of comparable homes in Elm Park. For buyers seeking space, it offers a rare amount of room within this specific neighbourhood.
3. Is the assessed value the same as the market value?
No. The assessed value of $56,900 is for municipal tax purposes. Market value is determined by what a buyer is willing to pay and can be significantly higher, especially for a large, well-located property in a sought-after area like Elm Park.
4. There’s no garage listed. Is street parking the only option?
The listing indicates no garage. While street parking is likely available, the large lot size (over 6,600 sq ft) may present an opportunity for adding a driveway or future garage, subject to municipal bylaws and surveys.
5. How does the lot size compare to newer subdivisions?
At 6,616 sq ft, the lot is above average citywide. It is substantially larger than typical lots in many modern developments, offering more privacy, garden space, and distance from neighbours.