Property Overview
This one-and-a-half storey home on Cunnington Avenue in Elm Park presents a classic Winnipeg character home with modernized essentials. Its key appeal lies in its balance: it offers a renovated basement and a living area that is squarely average for the mature, established neighborhood, all within a historically stable value range. The lot, while slightly smaller than others on the street, is still generous by city-wide standards. This isn't a standout in size or newness, but rather a solid, updated home in a prime location.
It would suit a first-time buyer or downsizer looking for a move-in ready character home without the premium of a larger or fully modernized property. It’s also a practical fit for someone who values the established trees and community feel of Elm Park over a brand-new subdivision, and who prefers a renovated space to a full-scale project house.
Frequently Asked Questions
1. How does this home compare to others in Elm Park?
The home is very typical for the area. Its living space and assessed value are both around the neighborhood average. It is, however, newer than many Elm Park homes, being built in 1949 compared to the area average of 1941.
2. What does "renovated basement" typically mean here?
While specific finishes aren't listed, in a home of this era a renovated basement usually indicates it has been modernized for livable space—likely including a proper ceiling, flooring, and drywall. It's a significant functional upgrade from an original, unfinished cellar.
3. Is the lack of a garage a concern?
Many character homes in mature neighborhoods like Elm Park were built without garages. The lot provides space for off-street parking and potential future addition, but buyers should be comfortable with street parking or the cost of adding a garage later.
4. The assessed value seems lower than the last sale price. Why?
The home last sold in 2017 for $313,000, while its current assessed value is $346,000. Municipal assessments for tax purposes often lag behind market sale prices and are calculated differently. The sale history suggests steady value retention.
5. What are the less obvious considerations with a 1949 home?
While the basement is renovated and the home is structurally sound, a buyer should still budget for the ongoing maintenance of an older home. This includes attention to original windows, the aging roof, and updating older electrical or plumbing systems that may not have been part of the basement renovation. The charm comes with a responsibility for upkeep.