3489 Eldridge Avenue

Property Overview & Key Characteristics

3489 Eldridge Avenue is a compact, one-storey home in Winnipeg's Elmhurst neighborhood. Built in 1978, its primary appeal lies in being a functional, entry-level property with a fully finished basement, offering more usable space than the 920 sqft main floor suggests. The lot is a standard city size at just over 3,000 sqft.

Its appeal is grounded in affordability and practicality. The home suits first-time buyers or investors seeking a straightforward, no-frills property. The finished basement adds valuable flexibility for a growing family, a home office, or a rental suite (subject to city approval). However, the data provides a grounded perspective: this home ranks in the bottom tier of its immediate community for both lot size and living area, meaning it's one of the smaller properties in the area. Conversely, it ranks above average for its age within Winnipeg, suggesting it may be newer than many comparable affordable options city-wide. A thoughtful buyer might see this as a trade-off: you're getting a relatively modern structure for the price, but within a neighborhood of typically larger homes.

Frequently Asked Questions

1. What is the true living space, considering the basement?
While the official living area is 920 sqft, the home includes a fully finished basement. This effectively doubles the usable space, though basement square footage is not typically included in official living area calculations.

2. How does the property rank compared to its neighbors?
The rankings show a clear picture: this is a smaller home on a smaller lot within Elmhurst. It surpasses only 0-4% of neighborhood homes in those categories. However, it is newer than 35% of homes in the community, which can be an advantage for systems and maintenance.

3. Is the price aligned with its assessed value?
The current assessment is $299,000. The last known sale was in August 2017 for $255,000. As with any property, the market will determine the final price, but the assessment provides a recent municipal valuation benchmark.

4. What does "ONE STOREY" mean for living and potential renovations?
It means all primary living spaces (bedrooms, kitchen, living room) are on one level, which is ideal for accessibility or those preferring no stairs. The finished basement adds a separate living zone. Expanding the footprint could be limited by the lot size, which is already below the neighborhood average.

5. There's no garage; what are the parking options?
The listing indicates no garage. Parking would be via driveway or street. It's advisable to verify driveway length and local street parking regulations during a viewing.