Property Overview
This 1971-built, one-storey home in Elmhurst offers a practical and private living arrangement on a large, 7,341 sqft lot. Its key appeal lies in its balance of space and manageability. The fully finished basement adds valuable living area to the 873 sqft main floor, creating a functional layout for everyday life. The property's standout characteristic is its generous lot size, which ranks in the top 14% across Winnipeg, providing exceptional outdoor space and potential in a mature neighbourhood. With a split garage and a home that is newer than most on its street, it presents a low-maintenance, grounded option.
The home is ideally suited for first-time buyers seeking a manageable footprint with room to grow outdoors, or for downsizers looking for single-level living without sacrificing yard space. Its strong value ranking relative to the city suggests it's a competitively priced entry into a stable area. A thoughtful perspective is that while the interior living space is modest, the significant lot offers a rare opportunity for gardening, expansion, or simply enjoying private outdoor room that is increasingly hard to find.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a major feature at 7,341 sqft, placing it in the top 14% of all residential properties in Winnipeg for size, which is well above average for the city.
2. Is the house smaller than others in the area?
Yes, the living area is 873 sqft, which is more compact than most homes in both the immediate neighbourhood and on Cathcart Street itself. This is offset by the finished basement and the very large lot.
3. What does the assessment value tell me about the price?
The municipal assessment is $356,000. It ranks near the middle compared to all Winnipeg homes but is lower than many in its specific community and street, which can indicate a potentially more accessible entry point into the Elmhurst area.
4. How old is the home compared to its neighbours?
Built in 1971, the home is newer than approximately 78% of the houses on its street, meaning it is likely among the newer properties in that specific block.
5. What is the basic layout and structure?
It is a one-storey (bungalow) style home with a fully finished basement and a split (or detached) garage, situated on a large, rectangular lot.