Property Overview: 59 Apex Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained 1984 four-level split home in Elmhurst offers a practical and spacious layout with notable long-term value. Its primary appeal lies in its generous proportions—both the 1,772 sqft of living space and the 6,291 sqft lot size rank above the majority of Winnipeg homes, providing ample room for family living and outdoor activities. The property features an attached garage and a full, unfinished basement, presenting a classic opportunity for future customization or storage.
The home suits buyers seeking a solid, established property in a mature neighbourhood. It’s particularly well-matched for:
- Growing families who prioritize space over a brand-new build.
- Value-oriented buyers who see potential in the blank canvas of an unfinished basement.
- Long-term residents who will benefit from the property's above-average rankings for lot size and living area within the city—indicating a scarcity value that may appreciate over time.
A less obvious perspective is the advantage of its 1984 build year. While not new, it ranks as newer than most homes on its street and in Elmhurst, suggesting it may have updates or systems younger than neighbourhood averages, potentially offering a balance between established charm and relative modernity.
Section 2: Frequently Asked Questions
1. What do the ranking percentages (e.g., "top 26% in Winnipeg") actually mean?
They are competitive positioning metrics. For example, ranking in the "top 26% in Winnipeg" for living area means this home has more square footage than 74% of all city homes in the database, a sign of above-average spaciousness.
2. Is an unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers the next owner the flexibility to create exactly the space they need (e.g., a rec room, suite, or home gym) without paying a premium for someone else’s choices.
3. The home ranks lower for assessed value on its street. What does that indicate?
It suggests the municipal assessment is relatively conservative compared to some neighbours. This can sometimes be an opportunity, but it's essential to have a current market evaluation to understand the full picture.
4. Who would a four-level split layout suit best?
This layout is ideal for those who prefer defined, separate living zones across multiple short flights of stairs. It naturally divides daytime living areas from private bedroom levels, but may not suit those seeking single-level or completely open-concept living.
5. How significant is the large lot size?
A lot size over 6,000 sqft in an established neighbourhood is a considerable asset. It provides superior outdoor space for play, gardening, or future additions like a deck or shed, and is a feature that cannot be replicated in newer subdivisions.