Property Overview & Key Characteristics
This 2022-built two-storey home at 776 Elmhurst Road is a modern, spacious property situated on a large, 9,097 sqft lot in Winnipeg's Elmhurst neighbourhood. Its primary appeal lies in its combination of new construction benefits, substantial size, and a highly competitive position in the market. With 3,295 sqft of living space, it ranks in the top 1% of homes in Winnipeg for size. The property also features a connected garage and lacks a basement or pool.
The home’s standout feature is its exceptional statistical ranking across nearly every metric. It consistently places in the top 1-2% of all Winnipeg homes for living area, newness (being only 4 years old), and assessed value. Within its immediate community and street, it ranks even higher, often in the top 0-1%. This data suggests a property that is not only large and modern but also a standout asset in its local area. Its appeal is for buyers seeking a move-in ready, low-maintenance new build without the wait and uncertainties of new construction, and who value a home with immediate, quantifiable market advantages. It would suit professionals or families looking for ample space, modern finishes, and a property that holds a strong competitive edge for future resale.
Frequently Asked Questions
Q: What does it mean that the home has "no basement"?
A: All living space is on the main and upper floors. This can be a plus for those who prefer to avoid potential basement moisture issues or who want a simpler layout, but it means all storage and mechanical systems must be accommodated within the home's footprint.
Q: The assessed value is $950,000. Is that the sale price?
A: No. The assessed value is used for municipal tax purposes. The sale price is set by the seller and is influenced by current market conditions, which may be higher or lower than the assessment.
Q: How significant are the provided rankings?
A: They are a strong, data-driven indicator of how this property compares to others. Ranking in the top 1% for size and newness across the entire city is rare and highlights this home as a premium offering in its category.
Q: The home is only 4 years old. What are the pros and cons of this?
A: Major pros include modern building codes, newer appliances and systems likely under warranty, and minimal immediate repair needs. A less obvious consideration is that the landscaping and outdoor elements may still be establishing themselves, which could be a project for some buyers.
Q: Who is the ideal buyer for this property?
A: It's ideal for buyers who prioritize space, modern construction, and a strong market position. The data suggests it's particularly suited for someone who views a home as a long-term investment and values its top-tier standing relative to the broader market, not just its immediate features.