Property Overview
This 1979-built, one-storey home in Elmhurst offers a practical layout with 1,237 sqft of living space on a generous 6,290 sqft lot, featuring a finished basement and a detached garage. Its core appeal lies in its established neighborhood setting and its relative value, as the home ranks highly for its lot size and assessed value compared to much of Winnipeg. It’s a property that trades some modern updates for space and land, suiting first-time buyers, downsizers looking for single-level living, or value-focused investors who see potential in its solid foundation and larger-than-average yard. A thoughtful perspective is that while the interior living space is modest for the area, the significant lot size offers room for future expansion, gardening, or outdoor living—a valuable asset not immediately reflected in the square footage.
Key Details & Questions
Q: How does this home compare to others in the area?
A: The data shows a mix. It ranks very well for its lot size and assessed value within Winnipeg overall. However, its living area and build year are more average or below average specifically within its own street and community, indicating it may be a more modest home on a desirable piece of land.
Q: What does the "finished basement" include?
A: The listing confirms a finished basement but does not specify the finish quality, rooms, or ceiling height. This is a key detail to verify in a viewing, as finishes in a 1979 home can range from fully livable spaces to more basic rec rooms.
Q: Is the detached garage heated or insulated?
A: This information is not provided. The presence of a detached garage is noted, but its condition, size, and amenities would need to be inspected.
Q: What is the significance of the 1979 build year?
A: Built 47 years ago, the home is in the middle of its expected lifespan. This typically means major components like the roof, windows, and mechanical systems may be due for inspection, replacement, or could have been recently updated—all important factors for maintenance planning.
Q: Why is the assessed value ranking much higher than the living area ranking?
A: This is an interesting point. The assessed value is influenced by more than just interior square footage. The high ranking suggests the municipal assessment places significant value on the large lot size, the finished basement, the location, and the overall property, potentially indicating good value relative to price.