Property Overview
This two-storey home on a large, 6,335 sqft lot in Elmhurst presents a compelling opportunity for a specific type of buyer. Built in 1989, its key characteristics include a fully finished basement, an attached garage, and a generous 2,062 sqft of living space. The appeal lies in its established, spacious feel and its strong relative standing in several key metrics. It ranks in the top quarter of all Winnipeg homes for both living area and assessed value, suggesting a well-sized property with solid fundamentals. The home also ranks as newer than most in its community, pointing to a potentially more modern build quality than the neighbourhood average.
This property would suit buyers looking for a move-in ready family home in a mature area, who prioritize interior space and lot size over a brand-new build. It’s particularly suited for those who analyze value through comparative data, as the home consistently performs well against its peers. A less obvious perspective is that while it ranks highly city-wide for size and value, its community ranking for these metrics is even stronger, indicating it's a standout property within Elmhurst itself. This could appeal to buyers seeking the best home in a given neighbourhood rather than chasing the most expensive areas.
Frequently Asked Questions
Q: How does the age of the home (1989) factor into its condition and potential needs?
A: Being 37 years old, it sits in a sweet spot where major systems like roofing or windows may have been updated, but a thorough inspection is key to anticipate any upcoming maintenance common for homes of this era, such as HVAC or original appliance replacement.
Q: The lot is large, but what is the property's orientation and backyard like?
A: The listing does not specify orientation. Viewing the street view directly (by dragging the map icon) is the best way to assess sunlight exposure, backyard privacy, landscaping, and the overall feel of the outdoor space.
Q: It ranks highly for assessed value. Does this mean the asking price is aligned?
A: A high assessment relative to peers generally indicates the municipality views it as a higher-value home in its area. However, the market sale price is determined by current conditions, buyer demand, and the home's specific features, so it should be evaluated independently.
Q: The home ranks in the top 60% within its own community for size. Is that a concern?
A: Not necessarily. This metric is relative. With over 1,600 homes in the comparison, ranking in the top 60% means it's larger than the median home in Elmhurst. Its more impressive rankings are city-wide, where it's in the top 8% for living space, confirming it is objectively a large home.
Q: What is the significance of having a fully finished basement?
A: It adds immediate, usable living space for recreation, a home office, or guest areas. In a home of this size, it significantly expands the functional square footage beyond the already generous 2,062 sqft main floors, offering great flexibility for a growing household.