Property Overview: 3616 Eldridge Avenue
Key Characteristics & Appeal
This is a well-established, single-family home in Winnipeg's Elmhurst neighborhood, built in 1970. Its primary appeal lies in offering solid space and a generous, mature lot. The house features 1,272 sqft of living space, which ranks above average for its immediate area, and sits on a large 7,281 sqft property, providing ample outdoor room. Key practical features include a finished basement and an attached garage. While the home itself is older, its lot size is a significant asset, ranking in the top 15% city-wide, suggesting a premium on outdoor space and potential.
The property suits buyers looking for a grounded, no-frills family home in a quiet neighborhood, prioritizing interior space and a sizable yard over modern finishes. It also appeals to those who see value in a property where the land itself represents a substantial portion of the investment. The rankings indicate it's a competitively sized home on a highly desirable lot, but it may require updates, making it a potential fit for buyers comfortable with gradual renovation.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. They show this home’s strongest advantage is its lot size (top 15% in the city), while its age is more typical. It's larger than many nearby homes but may have an assessment value that reflects its older condition.
2. Is the finished basement included in the 1,272 sqft living area?
Typically, "living area" refers to above-grade square footage. The finished basement is an additional feature, providing extra usable space that is not counted in the main 1,272 sqft figure.
3. What might explain the difference between the home's age ranking and its value ranking?
The home ranks as newer than only 16% of houses in Elmhurst, meaning it's one of the older homes in the neighborhood. However, its assessed value still ranks higher than 26% of area homes, likely due to the value contributed by its large lot size and finished basement.
4. What are the implications of such a large lot?
A lot of this size (over 1/6 of an acre) offers excellent outdoor space for families, gardening, or recreation. It may also provide future potential for expansions like a shed or deck, subject to local bylaws. It's a feature that is increasingly rare in newer subdivisions.
5. Who is the most likely buyer for this property?
This home is well-suited for a practical buyer—perhaps a young family needing space to grow, or a value-oriented purchaser who sees the long-term benefit of a large lot. It’s less suited for someone seeking a move-in-ready modern home, and more for those who view the property as a solid foundation to make their own over time.