Property Summary: 830 Laxdal Road, Elmhurst, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Elmhurst presents a solid opportunity for a specific buyer. Its key characteristic is the combination of a generous, mature lot (over 7,100 sq ft) with a recently updated market value, having sold for $421,000 in March 2024. The home itself is a manageable 946 sq ft bungalow with a finished basement and a detached garage, built in 1971.
The appeal lies in its established neighbourhood setting and its strong positional rankings. The property ranks highly within Winnipeg overall (top 15% for lot size, top 33% for assessed value), suggesting a desirable location relative to the broader city. It suits buyers looking for a ground-level living layout on a sizable lot with room for gardening or expansion, without the premium of a brand-new home. It’s a practical choice for downsizers, first-time buyers seeking a foothold in a mature area, or investors attracted by the clear, recent market valuation. A less obvious perspective is that while the home's living area is modest relative to its peers, the large lot offers future potential and immediate privacy that newer subdivisions often lack.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 946 sq ft, the living area is smaller than most homes in Elmhurst and on its street, ranking in the bottom 25% locally. This indicates a compact, efficient floor plan.
2. What do the ranking percentages actually mean?
They show how this property compares to others in three geographic tiers. For example, “in Winnipeg超越85%的其它房屋” means its lot size is larger than 85% of all residential properties in the city, a significant advantage.
3. The house sold for more than its assessed value in 2024. Is that typical?
The sale price of $421,000 was approximately $13,000 above the $408,000 assessed value. This is not uncommon in an active market and provides a very recent, reliable benchmark for the property’s worth.
4. Is the basement included in the 946 sq ft living area?
No. The 946 sq ft refers to the above-ground living space. The home has a separate, finished basement, which adds additional usable space.
5. What might be a consideration regarding the age of the home?
Built in 1971, major components like the roof, windows, and mechanical systems (furnace, plumbing) may be at or beyond their typical service life. A thorough inspection is advised to budget for potential updates or maintenance.