Property Overview
This 1970-built, single-storey home on a large, approximately 9,000 sqft lot in Elmhurst presents a compelling opportunity. Its key appeal lies in the combination of a spacious, private yard and a practical, fully finished basement, offering significant room to grow within a well-established neighbourhood. The home itself features 1,200 sqft of living space above grade, with a split garage adding functional storage.
Its standout characteristic is the lot size, which ranks in the top 7% on its street and top 17% in the broader Elmhurst community, providing rare outdoor space for the area. The property’s overall assessed value ranks highly citywide, suggesting a solid foundation. This home would suit a buyer looking for a manageable single-level layout with immediate basement utility, who values outdoor privacy and space for gardening, play, or future additions over a newer build. It’s a practical choice for those seeking potential in land value and the character of a mature neighbourhood, ready for personal updates over time.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the "top 8%" for lot size citywide means the yard is larger than 92% of properties in Winnipeg, a significant advantage.
2. The house was built in 1970. What should I consider?
While the structure is from 1970, the fully finished basement adds modern living space. Prospective buyers should prioritize a thorough inspection of core components common to homes of this era, such as the roof, foundation, and major mechanical systems, to understand any upcoming maintenance.
3. How does the split garage differ from an attached double garage?
A split garage, often configured as two separate single doors, can offer more flexible access and usage than a wide double door. It may be preferable for workshops or separating vehicle storage, but it typically does not provide the same uninterrupted interior space as a modern double garage.
4. The lot is large, but how private is it?
With nearly a quarter of an acre, the property has substantial depth. The actual privacy will depend on fencing, landscaping, and the positioning of neighbouring homes. The lot size provides an excellent canvas to create a private retreat.
5. Why is the city assessment value provided, and how does it relate to the listing price?
The assessed value of $395,000 is for municipal tax purposes and reflects the city’s valuation. The listing price is set by the seller and is influenced by current market conditions. The assessment is a useful benchmark, but the final sale price is determined by what buyers are willing to pay in the open market.