Property Overview & Key Characteristics
This 1972-built, one-storey home in Elmhurst sits on a large, 7,197 sqft lot, offering a significant amount of private outdoor space—a notable feature in an established neighborhood. With 1,008 sqft of living space and a finished basement, it provides practical, single-level living. Its appeal lies in this combination of a spacious yard and a straightforward, functional layout that is ready for personal updates. The property’s overall municipal assessment ranks higher than half of all Winnipeg homes, suggesting solid foundational value for the area.
The home would suit first-time buyers or downsizers looking for an entry point into a mature community without a major renovation project, and who prioritize land size over a large interior footprint. It also presents a practical opportunity for buyers with a vision for gradual, cosmetic updates or garden/landscaping projects, where the lot itself is a primary asset.
Frequently Asked Questions
1. How does the large lot size impact property costs?
While providing excellent private space, a lot of this size typically results in higher municipal property taxes compared to homes on standard lots, and may increase maintenance like lawn care or snow clearing.
2. What does the "finished basement" entail?
The listing confirms the basement is finished but does not specify the extent, materials, or ceiling height. It’s advisable to verify the quality of the finish, moisture control, and whether it includes a proper egress.
3. The home ranks low for interior size but high for land size. What does this mean?
This indicates you are purchasing primarily for the land and location. The house itself is functionally smaller than many in the area, so evaluating whether the layout and square footage meet your daily living needs is crucial.
4. There's no garage. What are the parking options?
The property has no garage, so parking is limited to the driveway and street. Consider the driveway's condition and length, and inquire about any seasonal street parking restrictions.
5. The build year is 1972. What should I be aware of?
Homes from this era may have original components nearing the end of their service life, such as roofing, windows, plumbing, or electrical systems. A thorough inspection is recommended to budget for potential updates.