Property Summary: 3663 Eldridge Avenue
Key Characteristics & Appeal
This 1987-built, one-storey home in Elmhurst sits on a generous 6,290 sqft lot. Its key features include a fully finished basement, an attached garage, and a spacious 1,659 sqft of living area. The home’s appeal is rooted in its strong, above-average positioning within the broader market. Recent data shows it ranks highly for its size, modern age relative to the area, and assessed value when compared to most Winnipeg homes. A significant recent sale price further underscores this market position.
Its charm lies in offering established, practical living space in a mature neighbourhood, coupled with metrics that suggest a solid and competitive property. It would suit buyers looking for a move-in ready, single-level layout with room to grow, who also value a home with recent transactional history that demonstrates strong market performance. It’s a practical choice for those prioritizing space and stability over a brand-new build.
Frequently Asked Questions
1. How does the home’s age affect its value?
Built in 1987, it is newer than approximately 72% of Winnipeg homes, which is a positive factor. This suggests major components may be more recent than in many older houses, potentially reducing immediate repair needs.
2. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking “better than 74% of Winnipeg” for lot size means only 26% of city lots are larger. It’s a quick way to gauge its relative standing.
3. Why was there a significant price increase between 2023 and 2025?
While specific reasons aren’t listed, such an increase over two years typically reflects strong market demand for the area or property type, possible renovations, or the 2023 sale potentially being a below-market transaction.
4. Is the finished basement included in the listed living area?
Typically, Canadian listings quote above-grade square footage. The 1,659 sqft likely refers to the main floor, with the finished basement providing additional, separate living space.
5. Who might this property not suit?
Buyers seeking a brand-new home with modern layouts and warranties, or those wanting a smaller, low-maintenance yard might find other options more fitting. It’s best for those who appreciate established neighbourhoods and are comfortable with a home that is nearly 40 years old.