Property Overview & Appeal
This 1973-built, one-storey home in Elmhurst sits on a notably large, quarter-acre lot (11,171 sqft), which is its most defining characteristic. The property ranks in the top 4% in Winnipeg for lot size, offering exceptional outdoor space and privacy rare for the city. With 1,328 sqft of living space, a finished basement, and an attached garage, it provides practical, single-level living. Its appeal lies in this unique combination of a manageable, updated home with the expansive grounds of a rural property, all within a mature city neighborhood. It would perfectly suit buyers prioritizing space over square footage—those wanting room for gardens, play, or future additions, or downsizers seeking a bungalow layout without sacrificing yard space. The strong rankings for lot size (top 8% in the community) against more moderate rankings for age and value suggest a property where the land itself is the primary asset.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the extent. Buyers should inquire about the ceiling height, the quality of finishes, whether it includes a legal secondary suite or bathroom, and if it has a separate entrance.
2. How does the 1973 build year affect the home?
While the home is over 50 years old, its rankings for age are average for the area. This suggests major systems (roof, windows, HVAC, plumbing) may be at or beyond their typical lifespan. A thorough inspection is crucial, but there may also be well-maintained original charm or thoughtful updates.
3. The lot is huge. Are there any restrictions on its use?
With such a large lot, questions about subdivision potential, zoning bylaws, allowable outbuildings (like a workshop or large shed), and any easements or right-of-ways are important for buyers with future plans.
4. Why is the assessed value relatively moderate compared to the lot size ranking?
The assessment considers both the land and the structure. The moderate assessment likely reflects the home's age and size relative to the premium land value. This can indicate a property with strong upside potential for the right buyer, where the value is more in the land than the current structure.
5. What is the neighborhood feel and typical traffic like on Eldridge Avenue?
As a major avenue, traffic levels and noise are key considerations. Prospective buyers should visit at different times of day to assess the real-world living experience, despite the property's deep lot providing a good buffer from the street.