Property Overview: 591 Laxdal Road
Key Characteristics & Appeal
This is a well-established, one-storey home in Elmhurst, sitting on a notably large, mature lot of over 15,600 square feet—a rarity that places it in the top tier of properties locally. Built in 1970, the 1,110 sqft house features a finished basement and a detached garage. Its primary appeal lies in its exceptional outdoor space and its strong positional value within the community. The data shows it consistently ranks highly for lot size (top 3% in the neighborhood) and assessed value (top 40% in the neighborhood), suggesting a property that is both spacious and perceived as a solid asset.
It would suit buyers seeking a quiet, established area with room to breathe, garden, or potentially expand. It’s ideal for those who prioritize generous land over a large house footprint, such as downsizers wanting a manageable single-level layout with ample outdoor privacy, or a family valuing a big backyard in a mature setting. A less obvious perspective is its appeal to a value-oriented buyer who sees potential: the lot itself is a significant long-term asset in a city, and the home’s interior could be updated over time while already offering livable, finished space.
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 3%” for lot size in the neighborhood means 97% of homes in Elmhurst have a smaller lot, highlighting this property’s standout feature.
2. Is the house itself outdated?
Built in 1970, the home is older and its interior size is modest compared to the lot. While the basement is finished, some modernization may be desired. The rankings show its living area is smaller than many in the area, so the value proposition leans heavily on the land.
3. How does the assessment value relate to the likely selling price?
The municipal assessment of $415,000 is for tax purposes and is a historical snapshot. It indicates the property is considered above average in value for the area (top 40% in Elmhurst), but the final sale price will be determined by current market conditions.
4. What are the benefits of such a large lot?
Beyond privacy and space for recreation or gardening, a lot of this size (nearly a third of an acre) offers flexibility for future additions like a shed, workshop, or even a potential secondary suite (subject to zoning and permits). It’s a legacy feature that is increasingly uncommon.
5. What is the neighborhood of Elmhurst like?
Elmhurst is a mature, established neighborhood in Winnipeg. The high rankings for lot size and value within this specific area suggest it’s a stable, desirable community where this property holds a strong relative position, often appealing to those seeking a settled, residential feel.