Property Overview: 62 Epsom Crescent, Winnipeg
Key Characteristics & Appeal
This 1983-built, one-storey home in Elmhurst sits on a large, 6,179 sqft lot, offering more outdoor space than most properties in the area. With 1,460 sqft of living space and a finished basement, it provides practical, single-level living. Its standout appeal lies in its strong relative value and mature setting. The property ranks highly for its lot size, recent construction year (newer than 65% of Winnipeg homes), and above-average assessed value within its community and city-wide. This suggests a well-maintained home in an established neighbourhood.
The home would suit buyers looking for a move-in-ready bungalow with room to grow, whether that's in the garden or the finished basement. It’s particularly suited for those seeking stability—a property that holds its own in key metrics compared to neighbours—or for anyone wanting to avoid the unknowns of an older, century home. The large lot is a canvas for gardeners or those who value private outdoor space, while the single-level layout appeals to accessibility-minded buyers or those simply tired of stairs.
Frequently Asked Questions
Q: How does the "ranking" system work for this property?
A: The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for specific traits like lot size and age. For example, being newer than 98% of homes on its street indicates it's one of the most recently built houses in the immediate area, which can be a positive for maintenance and systems.
Q: What does the high assessment value ranking indicate?
A: The assessment value ranks in the top 20% city-wide and top 31% in the community. This generally suggests the municipal assessor views the property as being above average in value for its area, which can reflect factors like lot size, condition, and improvements, but it is not a direct market appraisal.
Q: Is the finished basement included in the 1,460 sqft living area?
A: Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional area, adding functional living space like a rec room or extra bedrooms not reflected in the main square footage figure.
Q: What are the potential considerations with a home from the 1980s?
A: While newer than many Winnipeg homes, a 43-year-old property will have aging components. A thorough inspection is advised to assess the condition of the roof, windows, and major mechanical systems (furnace, water heater), which may be nearing or past their typical lifespans.
Q: The lot is large, but how is the property positioned?
A: The listing mentions the ability to use Google Street View. This is highly recommended to visually assess the home's placement on the lot, its exposure, the streetscape, and the proximity to neighbouring houses to understand privacy and sunlight.