Property Overview: 2 Allbutt Place, Elmhurst, Winnipeg
Key Characteristics & Appeal
This 1987-built two-storey home in Elmhurst offers a well-established presence on a large, 8,254 sqft lot, a feature that ranks in the top 10% across Winnipeg. With nearly 2,000 sqft of living space and a finished basement, it provides ample room for a growing family. Its core appeal lies in a proven, mature neighbourhood where the property stands out for its generous land size and above-average living space compared to local peers. The home suits buyers looking for a solid, long-term family home in a quiet area, who value space and privacy over a brand-new build. It’s particularly fitting for those who appreciate a property with established landscaping and a sense of permanence, and who may see potential in a home from the late 80s that has been maintained and updated over time.
Frequently Asked Questions
1. How does the age of the home (1987) impact its value?
While 39 years old, the home's construction year is newer than over 70% of Winnipeg houses, ranking well within its community. This suggests a neighbourhood of enduring value. Buyers should focus on the condition of major systems (roof, windows, HVAC) typical for this era, as these will be key to ongoing maintenance.
2. What do the percentile rankings actually mean for me?
They show how this property compares to others in the immediate area and city. For example, ranking better than 90% of Winnipeg homes for living space means you get more interior room than most. However, ranking lower on the street for assessed value could indicate a more modest valuation relative to direct neighbours.
3. Is the lot size a major advantage?
Yes. The lot is a standout feature, placing in the top 10% city-wide. This offers significant outdoor space for recreation, gardening, or future expansion, which is increasingly rare and valuable in mature neighbourhoods.
4. The home ranks highly in Elmhurst. What does that signify?
Ranking above 77% of Elmhurst homes for lot size and 85% for living space indicates this is a larger, more substantial property within an already desirable community. It suggests you are purchasing a home that is above the neighbourhood norm in key metrics.
5. Why is the assessed value ranking on the street lower than others?
It ranks 7th of 8 on its street for assessed value. This isn't necessarily negative; it can mean the city's assessment is conservative, potentially offering a favourable property tax position. It may also reflect the specific characteristics of the other homes on what appears to be a street of varied, sizable properties.