Property Overview
This 1979-built, one-storey home in Elmhurst presents a solid, move-in-ready opportunity on a large, mature lot. Its key appeal lies in a balanced combination of space, location, and value. The 1,210 sqft layout includes a finished basement, providing flexible living space, while the attached garage and nearly 7,200 sqft lot offer practical suburban living. The home’s competitive edge is reflected in its city-wide rankings: it places within the top 16% of Winnipeg for lot size and the top 29% for assessed value, suggesting a property that outperforms many others in terms of space and municipal valuation. It suits first-time buyers seeking a manageable single-level home with room to grow, or downsizers looking for a comfortable, low-maintenance footprint without sacrificing yard space. A thoughtful perspective is that while the home is older, its above-average rankings for lot size and value in the wider city context indicate a fundamentally strong asset, with the interior updates being a secondary layer to an already desirable property foundation.
Frequently Asked Questions
1. How does the finished basement add to the living space?
The finished basement effectively expands the home's usable area beyond the 1,210 sqft main floor, providing valuable extra rooms for recreation, a home office, or guest accommodation, which is a significant functional advantage.
2. What do the "rankings" actually mean for a buyer?
These rankings compare this property directly to others on its street, in Elmhurst, and across all of Winnipeg. For example, being newer than 77% of houses on its street and having a larger lot than 84% of houses in Winnipeg are strong, data-driven indicators of its relative standing in key categories.
3. The home was built in 1979. What should I consider?
While the structure is nearly 50 years old, the 2020 sale suggests a relatively recent turnover. A pre-purchase inspection is especially important to understand the condition of major aging components like the roof, windows, and foundation, which may need attention or updating.
4. Is the 2020 sale price of $375,000 relevant today?
It serves as a crucial benchmark, showing the price point just a few years ago. Comparing it to the current assessment and asking price helps gauge the market's movement and the seller's expectations in the intervening period.
5. Who would this neighbourhood suit best?
Elmhurst is a well-established, quiet community. The property's rankings show it is a fairly typical home for the area in terms of size and value, making it ideal for buyers seeking a stable, residential neighbourhood without the premium price tag of newer or trendier districts.