Property Summary: 127 Coopman Crescent
Key Characteristics & Appeal
This 1994-built, one-storey home in Elmhurst sits on a large 6,306 sqft lot. Its key features include a fully finished basement, an attached garage, and 1,549 sqft of living space. The appeal lies in its established, low-maintenance bungalow layout combined with a generous yard, offering space and single-level convenience.
The property’s competitive positioning is noteworthy. It ranks highly within Winnipeg overall, particularly for its lot size (top 25%) and assessed value (top 14%), suggesting strong fundamental value. However, within its immediate street and neighborhood, it presents as a more average offering, which could be an opportunity for a buyer seeking a solid home in a mature area without a premium streetscape price.
This home would suit practical buyers such as downsizers, first-time homeowners, or small families who prioritize interior space and yard size over a brand-new build. It’s for someone who sees the value in a home that outperforms the city-wide market in key metrics but is comfortable in a settled community setting.
Frequently Asked Questions
1. What does the ranking data actually mean?
It shows how this property compares to others in three areas: its street, the Elmhurst community, and all of Winnipeg. For example, being in the top 25% city-wide for lot size means it’s larger than 75% of Winnipeg homes, which is a significant advantage.
2. Is a 32-year-old home a concern?
The home is well into its established years, meaning major components may be due for inspection or updates. However, it ranks as newer than 90% of homes in Elmhurst, indicating the neighborhood itself is very mature, and this is a relatively younger property within it.
3. The assessment is $528,000. Is that the list price?
No. The assessed value is for municipal tax purposes. The list price is set by the seller and can be higher or lower based on market conditions, recent upgrades, and seller motivation.
4. What are the pros and cons of its competitive position?
A pro is its strong city-wide ranking for value and lot size, suggesting good equity fundamentals. A con is its more middling rank on its own street for features like living area, so it may not stand out as much locally but could offer better value compared to the broader market.
5. What should I prioritize when viewing this property?
Given its age, focus on the condition of major systems (roof, HVAC, windows) and the quality/functionality of the finished basement. Also, assess how the large yard aligns with your lifestyle—is it a prized asset or a maintenance burden?