Property Overview & Appeal
This two-storey home in Elmhurst is defined by its exceptionally large, half-acre lot—a rare find that places it in the top 1% of properties in Winnipeg by land size. The house itself, built in 1961, offers 1,406 sqft of living space with a finished basement and an attached garage. Its primary appeal lies not in the modern features of the home, but in the immense potential of its private, park-like grounds. The property ranks highly for lot size and value within its community, though the home's age is reflected in its rankings for building year.
It would perfectly suit a buyer seeking space and privacy above all else—someone with a vision for gardening, outdoor recreation, or future expansion who is comfortable with a home that may require updates. It’s also a strong candidate for multi-generational families or those wanting room for pets and children to play, all within a well-established neighborhood.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings show the property's standout feature is its land size (top 1% in Winnipeg), offering unparalleled space. However, the home's age (older than 96% of homes in Elmhurst) indicates it is a classic, well-built property that likely requires mindful maintenance or modernization.
2. Is the finished basement included in the 1,406 sqft living area?
Typically, "living area" refers to above-grade square footage. The finished basement is an additional bonus space, adding functional room beyond the stated 1,406 sqft.
3. What are the implications of such a large lot?
Beyond privacy and space, it means higher potential landscaping costs, but also greater opportunity for additions like a large workshop, garden, or even a future pool. Property taxes may also be influenced by the lot value.
4. How does the home's age affect a purchase?
A 1961 home will have character and solid construction, but buyers should budget for updates to major aging components like the roof, windows, or HVAC system, and consider an inspection to assess electrical and plumbing.
5. The value ranks higher than the age and size of the home—what does that suggest?
This indicates the assessed value is strongly supported by the premium lot, rather than just the house. It suggests you are primarily investing in the land, with the existing structure adding functional value.