Property Overview
This 1962-built, one-storey home in Elmhurst presents a compelling blend of space, location, and value. Its primary appeal lies in its exceptionally large, nearly 10,000 sqft lot, which places it in the top tier of properties locally for outdoor space. The home itself offers 1,084 sqft of living area with a finished basement and an attached garage, representing a practical and solidly built package. While the house is older and its interior size is modest relative to the lot, its true potential is for a buyer who values land and privacy above brand-new finishes.
It would suit a practical homeowner, a family looking for room for children or pets to play, or a value-conscious buyer with renovation or expansion plans. The rankings indicate it’s a property with a strong asset (the land) in a desirable community, but one where the dwelling itself may require updates or a vision to fully realize its potential. It’s a home for someone who sees the foundation and the possibilities, not just the surface.
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 6%" for lot size city-wide highlights the property's most standout feature: its very large yard.
2. The house was built in 1962. What should I be concerned about?
As with any home of this age, potential buyers should budget for and investigate the condition of major systems like plumbing, electrical, and the roof. A thorough inspection is essential. The upside is that homes from this era are often solidly built with good bones.
3. Is the finished basement included in the 1,084 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space, adding functional room without increasing the official living area figure.
4. The lot is huge. What are the possibilities?
Beyond gardening and recreation, a lot of this size offers long-term flexibility. It could accommodate a sizable addition, a detached workshop or studio (subject to zoning bylaws), or simply remain as valuable private green space in the city.
5. How does the assessment value relate to the asking price?
The municipal assessment of $364,000 is for tax purposes and is not a market valuation. The sale price will be determined by current market conditions, the property's unique features (like the lot size), and its condition compared to recently sold homes in the area.