3631 Eldridge Avenue

Property Overview & Key Characteristics

This 1976-built bungalow in Elmhurst offers a classic and practical living arrangement on a large, 8,266 sqft lot. Its primary appeal lies in its generous land size, which ranks within the top 10% of all properties in Winnipeg, providing significant outdoor space and potential. The home features 1,379 sqft of living space with a finished basement and a detached garage. While the structure itself is 50 years old, its assessed value ranks highly, placing it above 76% of Winnipeg homes, suggesting a well-maintained property in a desirable location. The neighbourhood rankings show it outperforms most peers in Elmhurst for lot size and value, but is a more typical offering in terms of age and interior space within the community.

This property would best suit buyers who prioritize land over a brand-new build—think gardeners, those wanting room for additions like a workshop or patio, or families seeking space for children and pets. It’s a solid choice for a practical buyer comfortable with the maintenance considerations of a mature home but who values the established character and lot size that newer subdivisions often lack. The high city-wide rankings for lot and value indicate a property that is a competitive and substantial asset within the broader market.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on the same street, in Elmhurst, and across all of Winnipeg. For example, being in the "top 10%" for lot size in Winnipeg means 90% of city properties have a smaller lot. It's a quick way to see this home's competitive strengths, like its large yard and strong assessed value.

2. Is the 50-year age of the home a concern?
It's a key consideration. While the home has been maintained well enough to achieve a high value ranking, a buyer should budget for updates to major aging components like the roof, windows, and mechanical systems. A thorough inspection is essential.

3. Who might this property not suit?
It may not be ideal for those seeking a modern, open-concept layout without renovation work, or for buyers who prefer a low-maintenance property with a new build warranty and attached garage.

4. The lot is large, but what is the neighbourhood like?
The data shows the home ranks highly within Elmhurst for lot size and value, suggesting it's a desirable part of the community. However, researching local amenities, traffic patterns, and the specific street's character through a visit is recommended.

5. Why is the assessed value useful for a buyer?
While not a market price, the assessment (which ranks higher than 76% of Winnipeg homes) is an official indicator of the property's relative worth for taxation. It signals that the municipality views this as a substantial property compared to the market, which can be a factor in financing and understanding its baseline value.