Property Overview
This 1984 four-level split home in Elmhurst offers a practical and spacious layout on a large, mature lot. Its key appeal lies in its well-established neighborhood setting and the functional versatility of its 1,497 sq ft of finished living space, which includes a developed basement. The home ranks favorably for its lot size, age, and living area compared to many properties in Winnipeg, suggesting a solid value proposition within its market.
It would particularly suit first-time buyers or growing families looking for a move-in ready home with room to grow, without the premium of a brand-new build. Buyers who prioritize a generous outdoor space and a layout that can separate living areas will find its structure advantageous. A thoughtful perspective is that while the home is 42 years old, its ranking as newer than most in its immediate area indicates a well-maintained street of similar vintage, offering neighborhood consistency and likely fewer major teardown or disruptive construction projects nearby.
Frequently Asked Questions
What are the advantages of a four-level split layout?
This design typically creates natural separation between living, sleeping, and recreational spaces, offering more privacy than an open bungalow and less stair-climbing than a traditional two-story. The finished basement adds a flexible level for a family room, home office, or guest space.
How does the property’s age impact a purchase decision?
Built in 1984, major components like the roof, windows, and furnace may be at or beyond their typical lifespan. A thorough inspection is crucial, but the home's ranking as newer than 66% of Winnipeg houses suggests it may have had updates and is in a stable phase where strategic renovations can add long-term value.
The lot is large, but what does that mean for me?
At over 5,500 sq ft, it provides ample space for gardening, play, and outdoor entertaining. It also offers potential for future additions like a shed or deck, subject to local bylaws. The trade-off is a greater responsibility for maintenance, like lawn care and landscaping.
What do the "rankings" for the street, community, and city actually tell me?
They are relative performance indicators. For example, ranking in the top 41% for lot size in Winnipeg means the yard is larger than average. Ranking in the top 8% for age on its street suggests it's one of the newest homes on the block, which can be positive for consistency but may mean fewer recently renovated comparables.
Is the finished basement included in the 1,497 sq ft living area?
Typically, yes. In Manitoba, professionally finished basements with proper ceilings, flooring, and egress are often included in the total living area square footage. It's advisable to confirm the specific breakdown of above-ground versus below-ground finished space.