Property Overview
This 1979 one-storey home in Elmhurst presents a practical and comfortable living opportunity. Its key appeal lies in being a well-established, single-level home on a spacious lot, offering move-in-ready convenience. The fully finished basement adds valuable living space, extending the home's functional footprint beyond its 1,119 sqft main floor. With a detached garage and a large, nearly 6,000 sqft property, it provides a classic suburban feel with room for gardening, play, or simple outdoor enjoyment.
The property suits first-time buyers seeking a manageable, low-maintenance home without stairs, or downsizers looking for the same ease of living in a mature neighbourhood. Its value proposition is grounded in its above-average lot size and finished living space for the area, as indicated by its strong city-wide rankings for lot size and assessed value. It’s a home for those who prioritize space and practicality over modern updates or premium finishes.
Frequently Asked Questions
1. What is the neighbourhood like?
Elmhurst is a long-established, quiet residential community in Winnipeg. It offers a blend of older and newer homes, with a family-friendly atmosphere and convenient access to local amenities, schools, and major routes.
2. Is the basement a legal suite?
The listing states the basement is finished, but it does not specify it as a separate legal suite. Buyers should verify its configuration and compliance with local regulations if considering rental income potential.
3. What does the "ranking" data mean?
The rankings compare this home to others on its street, in Elmhurst, and across Winnipeg. For example, its lot size ranks in the top 35% city-wide, which is a relative strength, while its age is older than most in its immediate area. This data helps gauge how its key features compare locally.
4. What might the older construction year mean for me?
A home built in 1979 will likely have original or older major systems (like roof, windows, furnace). While it offers established character, a thorough inspection is essential to understand the condition and potential upcoming maintenance or upgrade costs.
5. Why is the assessed value different from the listing price?
The municipal assessed value ($405,000) is for tax purposes and is based on mass appraisal methods from a prior date. The listing price is set by the seller based on current market conditions, the home's specific features, and recent comparable sales. The two figures are rarely identical.