Property Overview
This 1970-built, one-storey home in Elmhurst offers a practical and spacious family living environment. Its key appeal lies in the generous 7,689 sqft lot, which places it in the top 13% of all Winnipeg properties for land size, providing ample outdoor space for gardening, play, or future expansion. The home itself features a finished basement and an attached garage, adding valuable functional space. While the 1,072 sqft living area is modest, the overall package is grounded by its established neighborhood setting and significant lot premium.
This property would best suit buyers who prioritize land size over a modern or recently updated interior. It's ideal for a family seeking room to grow outdoors, a handy-person looking for a home with solid foundations and potential to customize over time, or a long-term investor attracted by the inherent value of a large lot in a mature community. Its rankings suggest it's a competitively sized property within its immediate area but may require updates, making it a pragmatic choice over a turn-key one.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The percentages show how this property compares to others in its immediate street, broader community, and all of Winnipeg. For example, its land size surpasses 87% of Winnipeg homes, indicating a notably large lot, while its living area is more average, surpassing 39%.
2. Is the finished basement included in the 1,072 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade, finished space. The finished basement is an additional feature, providing extra usable rooms or recreational space not reflected in that main square footage figure.
3. The build year is 1970. Should I be concerned about major systems?
While the home has been maintained for over 50 years, prudent buyers should budget for and investigate the age and condition of major components like the roof, windows, plumbing, and electrical systems, as they may be nearing or past their typical lifespan.
4. How significant is the lot size practically?
A lot of this scale (over 1/6 of an acre) is increasingly rare. It offers not just a large backyard, but also greater privacy, potential for additions like a shed or deck, and possibly better natural light and drainage compared to tighter lots.
5. The assessed value is $355,000. Is that the sale price?
No. The municipal assessment is for tax purposes and can be a market indicator, but the final sale price is determined by current market conditions, the property's specific state, and negotiation between buyer and seller. It's a reference point, not a guaranteed price.