Property Overview: 18 Apex Street, Elmhurst, Winnipeg
Key Characteristics & Appeal
This two-storey home in Elmhurst offers a compelling blend of space, established character, and a solid value position within Winnipeg. Its primary appeal lies in its generous 2,202 sqft of living space, which ranks within the top 7% of homes in both its immediate neighborhood and the wider city, making it a notably spacious offering for its area. Built in 1983, the house sits on a large 6,206 sqft lot and features a finished basement, adding to its functional living area. The data suggests a property that outperforms most peers in key metrics: it is more spacious than 94% of Winnipeg homes, and its assessed value is higher than 86% of the city's properties, indicating a strong perceived worth.
The home would suit buyers looking for established community charm without sacrificing interior room, particularly growing families or those who value dedicated space for work or hobbies. Its high ranking for living area against a relatively more moderate ranking for lot size suggests the home makes efficient use of its footprint, offering a substantial house on a manageable yard—a thoughtful balance for those who want space but prefer not to maintain extensive grounds. The lack of a garage may appeal to buyers prioritizing house square footage over vehicle storage or those with plans to add a structure that suits their specific needs.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for specific traits. For example, being more spacious than 94% of Winnipeg homes means its living area is larger than the vast majority of properties in the city, a significant advantage.
2. The house was built in 1983. What should I consider?
A home of this age is likely to have mature landscaping and established neighborhood infrastructure. Buyers should prioritize a thorough inspection focusing on updates to major systems like roof, windows, and heating, which may be nearing or past their typical lifespans, as well as the quality of the basement finish regarding moisture management.
3. There's no garage. How big of a drawback is this?
This depends on your lifestyle. The large lot provides space to add a garage or shed if needed. For some, the trade-off for significantly more living space indoors is worthwhile. Consider driveway parking capacity and local street parking regulations, especially in winter.
4. The assessed value is $528,000. Is this the list price?
No, the assessed value is set by the municipal government for taxation purposes. The eventual list or sale price is determined by the current market, condition, and seller motivation, and can be higher or lower than this figure.
5. The home ranks highly for space but lower for "newness" in its neighborhood. What's the implication?
This indicates you're in an established part of Elmhurst where many homes are older. The high space ranking suggests this property is one of the larger homes among its peers, potentially offering better value per square foot than newer, smaller builds in the area, but within a streetscape of varied architectural eras.