Property Overview: 7 Huddersfield Place, Winnipeg
Key Features & Buyer Profile
This 1984-built, one-storey home in Elmhurst offers a practical, single-level layout with 1,396 sq ft of living space on a spacious 5,185 sq ft lot. Its key appeal lies in a balance of established community character and recent market validation, having sold for $571,000 in July 2023—a price that placed it in the top 10% of its community at the time. The home includes a finished basement and an attached garage.
Its primary suit is for buyers seeking a manageable, ground-level floor plan in a mature neighbourhood. The data presents an interesting contrast: while the home's size is fairly standard for the area, its recent sale price significantly outperformed local benchmarks, suggesting factors beyond raw square footage, such as lot size, condition, or specific upgrades, are adding value. It would particularly suit a downsizer, a first-time buyer looking for a solid entry into a well-established area, or an investor noting its strong historical price performance relative to the wider Winnipeg market.
Frequently Asked Questions
1. How does the 2023 sale price compare to the current assessment?
The home sold for $571,000 in July 2023, which is approximately $107,000 above its current municipal assessed value of $464,000. This indicates the market recently valued the property higher than its official assessment for taxation purposes.
2. Is the home newer or larger than others in the area?
Not particularly. Built in 1984, it is newer than about 71% of homes in Elmhurst. However, at 1,396 sq ft, its living area is only larger than about 50% of community homes, making it a fairly average size for the neighbourhood.
3. What do the ranking percentages mean?
They show how this property compares to others in its immediate street, broader community, and all of Winnipeg. For example, its lot size ranks in the top 91% in Elmhurst (very large), while its living area ranks in the top 50% (average). The 2023 sale price ranking in the top 10% for the community is its most standout metric.
4. What is the significance of it being a "one storey" home?
This means all primary living spaces are on a single ground level, which often appeals to those looking to avoid stairs, whether for accessibility reasons, aging in place, or simply personal preference for a simpler layout.
5. Does the finished basement add significant living space?
While it adds functional space, note that the listed living area of 1,396 sq ft typically does not include the basement. The finished basement provides extra rooms or recreational space but is considered supplementary to the official above-grade square footage.