This well-maintained 1,206 sqft bungalow, built in 1988, presents a solid and move-in-ready opportunity in the Elmhurst neighbourhood. Its primary appeal lies in its exceptional positional strength within the city. The property ranks in the top tier for lot size, not just on its street but across the entire community and Winnipeg, indicating a more generous and private yard setting than most. It features a finished basement, adding valuable living space. The home suits first-time buyers seeking a established home in a desirable location, or downsizers looking for a manageable single-level layout with a premium lot. Its strong rankings for size and age suggest it's a standout property on its block, offering a sense of space and permanence that can be hard to find. A thoughtful perspective is that while the interior is a comfortable size, the true long-term value may be anchored in that superior land parcel, which is a finite resource.
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What does the "top 0%" ranking for lot size actually mean?
It means this property's land area is larger than 100% of compared homes in Elmhurst and Winnipeg. Simply put, it has one of the biggest lots in the area, which is a significant advantage for privacy, outdoor space, and future potential.
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The assessment value ranking seems lower than others. Why?
The home's assessed value ranks higher than only 7% in Elmhurst, suggesting it may be assessed below many neighbouring properties. This can be positive for property taxes, but it's important to note that assessed value is for taxation and doesn't necessarily reflect current market value.
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Is the finished basement included in the 1,206 sqft living area?
Typically, the listed living area (sqft) refers to above-ground, finished space. The finished basement is an additional bonus area, adding functional rooms like a family room, office, or bedrooms not reflected in that main square footage figure.
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There's no garage. Is there parking?
The listing specifies no garage, but many homes in the area have driveways or ample street parking. This is a key point to verify with a viewing or direct inquiry.
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The home is 38 years old. What should I be mindful of?
A home from this era is likely to have undergone several updates. It's wise to investigate the age and condition of major systems like the roof, windows, furnace, and plumbing during an inspection, as these are typical maintenance points for houses of this vintage.