Property Overview: 14 Shoreham Bay, Elmhurst, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home at 14 Shoreham Bay is a substantial property in Winnipeg's Elmhurst neighborhood. Built in 1984, it offers over 2,100 square feet of living space and sits on a large, approximately 10,000 sqft lot. The home features a renovated basement and an attached garage.
Its primary appeal lies in its above-average scale and land size relative to both the immediate street and the wider city. While it's one of the older homes on its block, it provides more interior space and a significantly larger yard than most Winnipeg properties. The recent sale in late 2024 suggests a refreshed market valuation.
This home would best suit buyers looking for generous indoor and outdoor space in a mature neighborhood. It’s ideal for those who prioritize room to grow or entertain over having a newly built home, and for value-conscious buyers who see potential in a solid, well-sized property that may benefit from further updates to match its premium lot size.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It has one of the largest lots on Shoreham Bay and above-average living space. However, it is also one of the older homes on the block, which is a trade-off for its generous proportions.
2. Is the assessed value a reliable indicator of the sale price?
The home recently sold for significantly more ($645,000) than its $551,000 assessed value. This is common and indicates strong market demand, showing that assessed value is an administrative figure for taxation, not a direct market price.
3. What does the "4-level split" layout mean for daily living?
This style typically means multiple short flights of stairs between living, sleeping, and basement areas. It offers good separation of spaces but may be less suitable for those seeking single-level living or with mobility concerns.
4. How does Elmhurst compare to other Winnipeg neighborhoods?
The data shows that for a home of this size and assessed value, Elmhurst ranks very well city-wide (top 11-14%), indicating it's a desirable area where properties generally hold above-average value.
5. The home is 40+ years old. What should I consider?
While the basement has been renovated, a home of this age will have core systems (roof, windows, furnace, plumbing) that are likely at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and any upcoming capital costs.