Property Overview: 18 Allbutt Place
Key Characteristics & Appeal
This 1986-built, two-storey home sits on a large, 8,539 sqft lot in Elmhurst, offering a rare combination of space and established character. Its key appeal lies in its generous proportions, both indoors and out. With 1,919 sqft of living space and a finished basement, it provides ample room for a growing family or those who value separate living areas. The property’s standout feature is its land size, which ranks in the top 10% across Winnipeg, presenting significant potential for gardening, recreation, or future expansion.
The home suits buyers looking for a solid, spacious property in a mature neighbourhood, who are comfortable with a home of this vintage and may see value in its underlying land asset. Its rankings suggest it is a competitively sized and valued home within its broader community and city, but it is notably the largest property on its specific street. This creates a unique dynamic: it offers more private outdoor space than its immediate neighbours, but may also present a different value profile. A thoughtful perspective is that this home appeals not just for its interior space, but as a canvas where the lot itself is a primary asset—ideal for someone who prioritizes outdoor living or sees long-term value in land.
Frequently Asked Questions
1. How does the home’s age affect its condition and potential costs?
Built in 1986, major components like the roof, windows, and mechanical systems are likely at or beyond their typical lifespan. A thorough inspection is crucial to budget for updates or repairs, which is common for homes of this era.
2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, quality, or if it includes legal egress. It’s important to clarify the finish level, ceiling height, and whether it includes a bathroom or separate entrance.
3. There is no garage. What are the parking options?
The property has no garage. Buyers should verify the driveway capacity and on-street parking regulations to ensure it meets their needs, especially with a larger lot that may have space for a future garage (subject to permits).
4. The home ranks low on its street for living area but high for lot size. What does this mean?
This indicates the house itself is actually the smallest among the eight homes on Allbutt Place, but it sits on the largest lot. This could mean more yard space relative to neighbours, but the house may feel modest compared to others on the block.
5. How stable is the assessed value compared to the asking price?
The city assessment is $541,000. While assessments are not market valuations, this figure provides a benchmark for municipal taxation. Buyers should compare the asking price to recent sales of similar homes in Elmhurst to determine current market value.