Property Overview: 2 Cathurst Place, Elmhurst, Winnipeg
Key Characteristics & Appeal
This 1983-built, two-storey home in Elmhurst offers a well-established presence on a large, 7,668 sqft lot. Its key strength lies in its above-average proportions and mature setting. With 2,086 sqft of living space, it provides more room than roughly 90% of homes in its immediate community and across Winnipeg. The property includes a finished basement and an attached garage, catering to practical storage and living needs.
The appeal here is grounded in space, established stability, and relative value. The home ranks highly for its size and lot, offering a sense of privacy and room to grow that is increasingly sought-after. It would particularly suit buyers who prioritize interior space and a generous yard over a brand-new build, and who appreciate a home with a proven history in a mature neighbourhood. The strong rankings for assessed value suggest it presents a solid proposition within its market segment. A thoughtful perspective is that while the home is 43 years old, its construction year is newer than most in its immediate area, potentially indicating updated infrastructure compared to older neighbours.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics (like size, age, value). For example, ranking "in the top 8%" for living space in Winnipeg means 92% of homes are smaller. It's a quick way to gauge how it stands out.
2. Is the finished basement included in the 2,086 sqft living area?
Typically, living area (or above-grade square footage) does not include basement space, even if finished. The 2,086 sqft likely refers to the main and upper floors. The finished basement is an additional bonus space.
3. The home is 43 years old. What should I consider?
While the build year is newer than many on its street, a home of this age will have components (like the roof, windows, HVAC, and plumbing) that are at or nearing their typical lifespan. A thorough inspection is essential to understand the condition and any upcoming maintenance.
4. How does the assessed value relate to the listing price?
The municipal assessed value ($548,000) is for tax purposes and is not the market value. It can be a useful benchmark, but the listing price is determined by the current market. The high assessment ranking suggests the property is viewed as valuable relative to others.
5. What is the neighbourhood of Elmhurst like?
Elmhurst is a established, mature neighbourhood in Winnipeg. Properties often feature larger lots and older tree canopies. The high rankings for lot size and living space within the community are consistent with this character, appealing to those seeking a settled, spacious environment.