Property Overview & Key Characteristics
This 1998-built, one-storey home in Elmhurst sits on a spacious 5,609 sqft lot. Its key appeal lies in a combination of modern convenience and established neighbourhood character. With 1,430 sqft of living space, a fully finished basement, and an attached garage, it offers practical, single-level living. The home’s standout feature is its relative newness compared to its surroundings; it is newer than approximately 93% of homes in Elmhurst, suggesting updated infrastructure and fewer immediate major repairs. Its assessed value ranks highly within the city, indicating a solid investment profile.
The property would suit first-time buyers or downsizers seeking a manageable, modern bungalow without sacrificing yard space. It also appeals to value-conscious buyers who prioritize a home that is newer than most in the area, potentially offering peace of mind regarding the roof, windows, and major systems. A thoughtful perspective is that while its interior size ranks in the middle range for the community, the generous lot provides valuable outdoor potential and a sense of space that newer subdivisions often lack.
Frequently Asked Questions
1. How does the home’s age compare to others nearby?
Built in 1998, this home is significantly newer than most in the area. It is newer than about 93% of homes in the Elmhurst community, which is a notable advantage for maintenance and systems.
2. What does the assessment ranking mean?
The assessment value of $502,000 is higher than approximately 83% of all homes in Winnipeg. This strong relative ranking often reflects desirable attributes like lot size, condition, and location, which can be positive for long-term value.
3. Is the lot size typical for the neighbourhood?
At 5,609 sqft, the lot is above average. It provides more outdoor space than 99% of lots on Haney Street itself, offering great potential for gardening, recreation, or expansion.
4. Who might this layout suit best?
The one-storey (bungalow) layout with a finished basement is ideal for those seeking minimal stairs or planning for future accessibility. It suits small families, first-time buyers, or empty-nesters looking for single-level living with extra space for guests or hobbies below.
5. How does the living space compare?
At 1,430 sqft, the living area is comfortable and ranks above average for the city overall. Within Elmhurst, it sits in the middle range—larger than about 52% of homes—offering a balance between efficient layout and ample room.