Property Overview
72 Epsom Place is a well-established family home in Elmhurst, offering a practical layout and a generous lot. Built in 1981, this 4-level split provides 1,639 sqft of living space and sits on a large 7,389 sqft property. It features an unfinished basement and an attached garage. The home's key appeal lies in its above-average space, both indoors and on the lot, within a mature neighbourhood. Its competitive rankings—particularly outperforming 86% of Winnipeg homes in lot size and 79% in living area—highlight its standout physical footprint. This property would suit buyers looking for a solid, spacious starter or family home with room to grow and personalize, especially those who value a large yard over a modern, turn-key interior.
Key Considerations & FAQs
1. What is the true value of the lot size?
At over 7,300 sqft, the lot is a significant asset. It offers ample space for gardening, play, or future additions like a deck or shed. For buyers, this means privacy and potential not found in newer subdivisions with smaller plots.
2. How does the 2017 sale price relate to today's value?
The home was purchased for $355,000 in 2017. The current assessed value of $439,000 reflects market appreciation and improvements. This history provides a clear trajectory of the home's increasing value, which is a positive indicator for future equity.
3. What does "unfinished basement" mean for me?
The unfinished basement presents both a project and an opportunity. It requires investment to finish but allows the next owner to customize the space to their exact needs—a rec room, home gym, or additional bedrooms—without needing to undo previous work.
4. Are the property rankings important?
The rankings provide a quick, data-driven snapshot of how this home compares to others. Leading in categories like lot and living space suggests a property that is physically competitive in the broader market, which can be reassuring for resale value.
5. What is the feel of the Elmhurst neighbourhood?
Elmhurst is a mature, established community with older homes on larger lots. This translates to tree-lined streets and a settled feel. Buyers should appreciate this character but also understand that homes of this vintage may require updates to systems like roofing or windows.