16 Turcotte Cove

Property Overview

This is a substantial, well-established family home in Elmhurst, built in 1990. Its primary appeal lies in offering generous space and premium lot size within a desirable neighborhood. The property sits on a large, approximately 10,145 sqft lot and features over 2,900 sqft of finished living space, including a developed basement. Key amenities include an in-ground pool and an attached garage. The home's competitive rankings indicate it is larger, more valuable, and situated on a bigger lot than the vast majority of homes in its immediate area, community, and across Winnipeg. It would best suit a buyer looking for a move-in ready, spacious property with established landscaping and outdoor recreation space, who values the maturity and prestige of the Elmhurst neighborhood over a brand-new build.

Key Considerations & FAQs

1. What is the significance of the property's high rankings?
   The data shows this home consistently ranks in the top 10-15% of comparable properties for size, value, and lot size. This suggests it is a premium offering within its market segment, which can contribute to long-term value retention and desirability.

2. The home was built in 1990. What should I anticipate?
   While the home is well-maintained, a property of this age will have components, such as the roof, major mechanical systems (furnace, A/C), and windows, that are likely at or beyond their typical service life. A thorough inspection is essential to budget for upcoming maintenance or updates.

3. How does the pool factor into the value and responsibility?
   The pool is a significant lifestyle amenity but also represents ongoing cost and maintenance. Buyers should factor in seasonal opening/closing, increased insurance, utility costs for heating/filtering, and long-term upkeep when considering the overall value.

4. The last sale was in 2016 for $648,000. How does that relate to the current price?
   The 2016 price provides historical context, but the current market value is primarily reflected in the $813,000 assessment and the seller's asking price. The substantial appreciation over eight years aligns with broader market trends and the home's premium attributes.

5. Is the finished basement included in the 2,902 sqft living area?
   Typically, "living area" refers to above-grade, finished square footage. The "basement, finished" note indicates additional, separate living space. It's important to clarify the exact total of all finished areas and the specific layout/condition of the basement rooms.