Property Overview
This 1983-built, one-storey home in Elmhurst offers a practical and comfortable living space on a generous, mature lot. Its key appeal lies in a balanced combination of space, location, and value. The 1,120 sqft bungalow layout is manageable and accessible, while the fully finished basement effectively doubles the usable living area. With a large 5,432 sqft lot, it provides ample outdoor space for gardening, play, or future expansion—a notable asset in established neighbourhoods. The home’s age is offset by its strong ranking for being newer than most on its street, suggesting a well-built property in a settled area. It suits first-time buyers seeking a move-in-ready home with room to grow, downsizers looking for single-level living without sacrificing yard space, or value-oriented buyers who prioritize land size and functional layout over sheer square footage. Its competitive position in broader Winnipeg rankings for value and lot size indicates a solid, grounded investment in a stable community.
Frequently Asked Questions
1. How does the home’s age affect its condition and costs?
Built in 1983, major components like the roof, windows, and HVAC system are likely at or beyond their typical lifespan. Prospective buyers should budget for updates and prioritize a thorough inspection, but can also expect the character and established landscaping of a mature property.
2. What does the "fully finished basement" include?
The listing confirms a finished basement but does not specify the details. Buyers should inquire about ceiling height, moisture control, the quality of finishes, and whether it includes a legal secondary suite or additional bedrooms.
3. The lot is large, but how is it oriented and shaped?
A 5,432 sqft lot is a significant feature. Understanding its orientation (for sun exposure), topography, and any easements or unusual dimensions is key to assessing its full potential for enjoyment, gardening, or future projects like a deck or addition.
4. Why is the "street rank" for value lower than the city-wide rank?
The home’s assessed value ranks higher city-wide (top 35%) than on its own street (top 75%). This suggests the immediate street or block may have a mix of larger or more recently updated homes, positioning this property as a potentially more affordable entry point into a desirable area.
5. What is the neighbourhood vibe and convenience like?
Being in Elmhurst, the area is well-established. Buyers should explore local amenities, traffic patterns on Woodview Bay, school districts, and the overall feel of the neighbourhood to see if it matches their lifestyle needs for convenience and community.