Property Overview
509 Chalfont Road is a spacious two-storey home in Winnipeg's Elmhurst neighborhood, offering above-average living space in a well-established area. Built in 1984, it presents a more modern footprint compared to many city homes. The home's key appeal lies in its generous 2,191 sqft of living area, which ranks well above average for its street, neighborhood, and the city overall. It features a renovated basement, adding to its functional space. The lot is a standard city size, though it is notably smaller than others on Chalfont Road itself. With no garage or pool, the property emphasizes interior living space over auxiliary features.
This home would suit buyers looking for move-in-ready space without the upkeep of a very large yard. It's ideal for a growing family or someone who values room to spread out indoors. The strong assessment value, which places it in the top tiers for the area, suggests a solid and well-regarded property. It may particularly appeal to a practical buyer who prioritizes efficient, modernized living space on a manageable lot within a mature community.
Frequently Asked Questions
How does the lot size compare to the neighborhood?
While the 6,121 sqft lot is above the Winnipeg average, it is significantly smaller than the typical lot on Chalfont Road. This means less yard maintenance but also less private outdoor space compared to immediate neighbors.
What does the "above average" assessed value indicate?
The assessment ranks in the top 6% in Elmhurst, suggesting the property is viewed as a higher-value home within the neighborhood. This often correlates with the home's condition, size, and desirability, but it's also a key factor in determining property taxes.
Is the home's age a concern?
Built in 1984, the home is newer than many in Winnipeg. This age may mean fewer issues with outdated building materials found in older homes, but potential buyers should still consider the condition of major systems like roof, windows, and HVAC, which may be nearing the end of their typical lifespans.
Why are there two past sale prices listed?
The home sold for $430,000 in 2016 and then for $665,000 in early 2022. This history shows significant appreciation over that period, reflecting broader market trends. The 2022 price provides a more current benchmark for value.
What are the implications of having no garage?
The lack of a garage means all vehicle parking will be on the driveway. Buyers should consider this for winter conditions, security for vehicles and storage, and potential future value if adding a garage is a possibility.