Property Overview: 10 Pinawa Drive
This two-storey family home in Elmhurst presents a solid, move-in-ready opportunity. Built in 1984, it sits on a generous 5,591 sqft lot and offers 1,627 sqft of living space with a finished basement. The home features an attached garage and ranks notably well within its immediate street and broader Winnipeg context for its size, assessed value, and relative modernity compared to neighboring properties. Its appeal lies in its established neighborhood setting and the space it provides, both indoors and out. It would suit first-time buyers looking for a spacious starter home, or downsizers seeking a manageable property without sacrificing yard space. A thoughtful perspective is that while the home ranks in the middle tier for its community overall, it excels on its specific street—suggesting a well-regarded, stable micro-location that may offer better value than more uniformly expensive areas.
Frequently Asked Questions
1. What is the significance of the property rankings?
The rankings compare this home to others on its street, in Elmhurst, and across all of Winnipeg for key metrics. For example, being newer than 92% of homes on its street and larger than 85% of them indicates it's a above-average property in its immediate vicinity.
2. Is the basement included in the 1,627 sqft living area?
Typically, the listed living area (sqft) refers to above-grade, finished space. The basement is listed separately as "finished," meaning it provides additional usable living space not reflected in the main 1,627 sqft figure.
3. What does the assessed value tell me about the price?
The municipal assessment of $478,000 is used for calculating property taxes and is not the sale price. However, it is a data point that indicates the home is valued in the top 35% of its community and top 21% city-wide, suggesting a well-regarded property.
4. What are the potential considerations for a 42-year-old home?
While the home ranks as relatively newer on its street, a build year of 1984 means core components like the roof, windows, and major systems (furnace, plumbing) may be at or beyond their typical lifespan and should be inspected for condition and updates.
5. How does the lack of a pool and the lot size factor in?
The large lot (over 5,500 sqft) offers ample private outdoor space for gardening, play, or entertaining. The absence of a pool reduces maintenance liability and cost, which can be a positive for buyers seeking a low-maintenance yard or who prefer to customize their outdoor space.