Property Overview
26 Allbutt Place is a spacious two-storey family home in Elmhurst, built in 1987. Its primary appeal lies in its generous proportions and established, quiet neighbourhood setting. The home features 2,616 sqft of living space, which is exceptionally large, ranking in the top 1% of the Elmhurst community. It sits on a sizable 8,381 sqft lot, offering ample outdoor space. A finished basement adds to its functional living area. While it lacks a garage or pool, the value is centered on interior space and land size. The property’s assessed value of $708,000 ranks highly within Winnipeg, indicating a solid, above-average investment in a mature area.
This home would best suit a growing or multi-generational family seeking room to spread out without moving to the city's outskirts. It’s also a strong fit for buyers who prioritize lot size over brand-new construction and appreciate the character of a well-established neighbourhood. The rankings suggest it offers a rare combination of a larger-than-average home on a larger-than-average lot for its area, which is increasingly uncommon in mature suburbs.
Key Questions for Buyers
1. What does the "ranking" data actually mean for me?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, its living space is larger than 99% of homes in Elmhurst, highlighting its standout size. The lot size and assessed value also rank in the top 10% citywide, confirming it's a substantial property in the broader market context.
2. The house was built in 1987. What should I budget for updates or maintenance?
As a home approaching 40 years old, proactive maintenance is key. Buyers should consider the potential future need to update major systems (like HVAC or roof) alongside any cosmetic renovations. The finished basement is a plus, but its condition and compliance with current building codes should be verified.
3. There's no garage. How big of an issue is that?
This is a significant consideration for those accustomed to sheltered parking or needing workshop/storage space. The large lot does offer potential for adding a garage in the future, subject to local bylaws and budget. For some buyers, the trade-off of more house and yard space for less vehicle storage is acceptable.
4. The assessed value is $708,000. How does that relate to the listing price?
The assessed value is for municipal tax purposes and is not a market appraisal. However, ranking higher than 97% of Winnipeg homes, it signals that the city views this as a high-value property. It provides a benchmark, but the final sale price will be determined by current market conditions, the home's specific state, and buyer demand.
5. What is the neighbourhood feel of Elmhurst?
Elmhurst is a mature, established neighbourhood. The high rankings for lot and home size suggest a area of spacious properties, offering privacy and room. The lack of a pool and the home's age indicate a community more focused on solid family living than luxury amenities, appealing to those seeking a quiet, grounded setting.