Property Summary: 22 Hewitt Crescent
Key Characteristics & Appeal
This is a spacious, well-established one-storey home in Elmhurst, sitting on a large, mature lot of over 9,000 square feet. Built in 1978, the home offers 1,695 sqft of living space, a finished basement, and an attached garage. Its standout feature is its significant lot size, which provides ample outdoor space and ranks within the top 20% of properties on its street.
The appeal lies in its combination of space, location, and established value. It offers the roominess and privacy that can be harder to find in newer subdivisions, set within a mature neighbourhood. The property’s competitive rankings are noteworthy: it sits in the top 15% of its community and top 8% city-wide for lot size, and its assessed value ranks in the top 20% of Elmhurst, suggesting a solid, above-average investment for the area.
This home would suit buyers looking for a single-level living layout, those who value a large, private yard for gardening or recreation, and purchasers seeking a home in a mature neighbourhood with proven long-term value. It’s a practical choice for someone wanting space without the maintenance of a two-storey, and for those who see the inherent value in a property that outperforms most of the market on key metrics like lot size and assessment value.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings show how this property compares to others. For example, being in the "top 8%" for lot size in Winnipeg means 92% of city properties have a smaller lot. It's a quick way to see this home's competitive strengths relative to its immediate area and the wider market.
2. Is a 48-year-old home a concern?
While the age means systems like roof, windows, and plumbing may need evaluation or updating, it also often comes with benefits like mature landscaping, established neighbourhood character, and more generous lot sizes than newer builds. A thorough inspection is key.
3. Who benefits most from a one-storey layout?
This layout is ideal for those planning for long-term accessibility, families or individuals who prefer having all living spaces on one level, or anyone wanting to avoid stairs. It can also feel more spacious and connected to the backyard.
4. The lot is large, but what about the house size?
At 1,695 sqft, the living space is above average for Winnipeg (top 19%), but the home's footprint is likely efficient due to being a bungalow. The finished basement effectively doubles the usable space, offering room for recreation, guests, or storage.
5. What’s the significance of the high assessment value ranking?
Ranking in the top 20% of its community for assessed value indicates the municipal assessor views this as a higher-value property within Elmhurst. This often reflects the desirable lot size, condition, and improvements, and can be a positive indicator for resale, though market price is ultimately determined by buyers.