Property Overview: 35 Huddersfield Place
This well-established bungalow in Elmhurst offers a blend of space, location, and value. Built in 1983, it sits on a generous 8,128 sqft lot, providing ample outdoor room. The home features 1,562 sqft of living space, a finished basement, and an attached garage. Its key appeal lies in its above-average lot size and its strong standing within the broader Winnipeg market, particularly when compared to similar properties. The data suggests it is a property that outperforms most in terms of lot dimensions and overall assessed value within the city.
Who It's For:
This home is ideal for buyers seeking a solid, single-level living option in a mature neighbourhood. It suits those who prioritize a large yard over having the newest home on the block. The finished basement adds valuable flexible space for a growing family, a home office, or a recreation room. It’s a practical choice for someone looking for a property with established roots and metrics that indicate strong fundamental value relative to the wider market.
Key Questions for Consideration
1. What do the ranking percentages actually mean?
The rankings compare this home to others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size ranks in the top 11% city-wide, meaning it's larger than 89% of Winnipeg properties. Conversely, its age is newer than only 6% of homes on its street, indicating it's one of the older homes in that immediate area.
2. How should I interpret the 2019 sale price versus the current assessment?
The home sold for $440,000 in late 2019 and now has a municipal assessment of $498,000. The assessment is used for tax purposes and reflects a provincial valuation as of a past base date; it is not a current market price. The difference highlights market movement and is a starting point for determining today's listing price.
3. Is the "one storey" design a bungalow?
Yes, "ONE STOREY" typically refers to a bungalow-style home, where all primary living areas are on one level. This is confirmed by the presence of a finished basement, which adds additional living space below grade.
4. The lot size ranks very high, but the living area is more average. What's the trade-off?
This is a central point for this property. You are acquiring a lot that is significantly larger than most in the city—a premium feature for gardening, play, or future expansion. The living space inside is comfortable but not oversized, representing a balance where the land itself is a major component of the value.
5. The home is older—what should I be mindful of?
Built in 1983, major systems like the roof, furnace, windows, and plumbing are likely at or beyond their typical service life. A thorough inspection is crucial to understand the condition and potential upcoming capital costs, which is a common consideration for homes of this vintage.