Property Overview
This two-storey home on a generous 5,197 sqft lot in Elmhurst presents a compelling blend of space and established comfort. Its key appeal lies in its above-average living area (1,986 sqft), a finished basement, and the rare addition of a private swimming pool—a notable feature for family recreation in Winnipeg. The property sits in a solid middle ground: it offers more space than most city homes, ranking in the top 10% for living area city-wide, while its assessment value also places it above average. The 2022 sale price suggests it was a competitive purchase in its recent history.
The home would suit a buyer looking for a move-in ready, spacious family home with recreational amenities already in place, without venturing into the premium luxury market. It’s ideal for those who value a large, private backyard for summer activities and need the flexibility of a finished lower level. A less obvious perspective is that a home from 1981 often comes with mature landscaping and settled neighbourhood character, which some buyers prefer over newer developments. However, its age means future buyers should be prepared for the potential maintenance or updating that comes with a 45-year-old structure, balanced against the possibility of more robust construction than newer builds.
Frequently Asked Questions
1. How does the pool impact insurance and utility costs?
A private pool typically increases annual insurance premiums and adds significantly to summer utility bills for heating, filtration, and water maintenance. It's advisable to budget for these ongoing expenses.
2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, quality, or if it includes a separate entrance or bathroom. This detail would require clarification during a viewing or from the seller's disclosure.
3. The home ranks highly for space but lower for age on its street. What does this mean?
This indicates the home is one of the larger houses on Avril Lane but is also among the older homes in that immediate area. It suggests a street with a mix of eras, where this property offers more interior space than many of its possibly newer, but potentially smaller, neighbours.
4. The 2022 sale price was higher than the current assessed value. Why?
Assessed values for taxation purposes often lag behind market sale prices, which reflect what a buyer was willing to pay at a specific time. The 2022 price likely captured a past market peak, while the assessment provides a standardized, but not always current, valuation benchmark.
5. Are the high city-wide rankings for space and value consistent with the community rankings?
Not entirely. While the home ranks in the top 10-14% city-wide for size and value, it ranks lower within the broader Elmhurst community (top 14-19%). This suggests Elmhurst contains many large, valuable homes, so while this property is spacious by general city standards, it is more average within its own desirable neighbourhood.