Property Overview & Key Characteristics
This 1974-built bungalow in Elmhurst offers a practical and spacious family living environment. Its primary appeal lies in the generous 11,055 sqft lot, which places it in the top 8% of properties within the community for land size, providing exceptional outdoor space for gardening, play, or future expansion. The home features 1,146 sqft of living space with a finished basement and an attached garage. While the house itself is of average size for the area, its standout characteristic is the established, large lot in a mature neighbourhood.
The property would best suit buyers prioritizing land over a large or modernized house. It’s ideal for families or individuals seeking room to grow outdoors, for hobbyists wanting space for workshops or gardens, or for future-minded owners who see potential in the lot itself. The rankings suggest it’s a competitively valued property in the wider Winnipeg context, offering more land than most city homes. A thoughtful perspective is that this home represents a classic Winnipeg trade-off: an older, modest-sized bungalow on a premium lot, appealing to those who value long-term land assets and the character of established neighbourhoods over turn-key, contemporary interiors.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the rooms or finish quality. A buyer should verify the layout, ceiling height, and whether it includes a legal secondary suite or additional bedrooms.
2. How does the 52-year-old age of the home affect maintenance?
Built in 1974, major systems like roofing, plumbing, electrical, and the furnace may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates or repairs.
3. The lot is large, but are there any restrictions on its use?
While the lot size is a major feature, its use is subject to local zoning bylaws. Buyers should confirm if there are any easements, rights-of-way, or specific rules regarding additions, outbuildings, or subdivision potential.
4. The home ranks lower for "newness" in the community. What does that mean?
This ranking indicates that 76% of homes in Elmhurst are newer. This reflects the mature nature of the area and suggests this property is one of the older homes in the neighbourhood, which can be a factor for style, efficiency, and renovation needs.
5. Why is the assessed value higher than many comparable Winnipeg homes?
The assessment ($416,000) ranks in the top 31% city-wide, likely reflecting the significant value of the large lot. Assessments consider property attributes and market trends, suggesting the land itself is a key driver of its official valuation.