Property Overview: 11 Oswald Bay, Elmhurst, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-story home in Winnipeg's Elmhurst neighborhood, built in 1978. Its primary appeal lies in its generous scale and mature setting. With 1,630 sqft of living space and a substantial 6,795 sqft lot, it offers more room than most homes in the city, ranking in the top 22% for size. The property features a finished basement and an attached garage.
The home’s strength is its balanced footprint: it provides ample indoor and outdoor space without being overwhelming, situated on a quiet bay. It suits buyers looking for a practical, no-stairs layout on a large, private lot—ideal for gardening, family play, or simply enjoying outdoor space. The 2019 sale history suggests a period of stable ownership. This property would particularly resonate with downsizers seeking single-level living without sacrificing yard size, or growing families valuing space over a brand-new build. Its rankings indicate it's a competitively sized home within the broader Winnipeg market, though it is a more average offering within its immediate street and community.
Frequently Asked Questions
1. How does the age of the home (built 1978) affect its condition and potential costs?
While the core structure is nearly 50 years old, the presence of a finished basement indicates updates have been made. Buyers should budget for standard maintenance expected of a home of this era, such as roof, windows, or major system updates, and are advised to get a thorough inspection.
2. The lot is large, but how is the property positioned and what is the backyard like?
The lot is a key feature at nearly 7,000 sqft. Prospective buyers should visit to assess the sun exposure, backyard privacy, and how the home is sited on the land to understand its true outdoor potential.
3. The assessment value is higher than the 2019 sale price. What does this mean?
The current municipal assessment of $458,000 is for tax purposes and reflects the city's valuation. The 2019 sale price of $390,000 is a historical market transaction. The current market value will be determined by recent comparable sales, condition, and buyer demand.
4. What do the neighborhood and street rankings actually tell me?
The rankings compare this home to others on its street, in Elmhurst, and across Winnipeg. It ranks highly city-wide for size (top 22%) and value (top 24%), but more moderately within its own immediate area. This suggests it's a solid, spacious property in the wider context, but not an outlier on its specific bay.
5. Is there a swimming pool or room to add one?
The listing specifies there is no pool. Given the very large lot size, there may be physical space to consider adding one, subject to local zoning bylaws, setback requirements, and significant budgeting.