Property Overview
This 1971-built, one-storey home in Elmhurst offers a practical and private living arrangement on a large, mature lot. Its key appeal lies in the combination of a fully finished basement, a split garage, and a generous 7,177 sqft property that provides ample outdoor space—a relative rarity for a home of this size. With 946 sqft of living space above grade, it is a compact yet complete package.
The property suits first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space. It also appeals to value-oriented buyers looking for a home with a finished basement for extra living or rental potential, and who prioritize a quiet, established neighborhood over brand-new construction. A thoughtful perspective is that the home's age and ranking data suggest it is a solid, "no-frills" property in a stable area, likely appealing to those who see potential in the land and the finished basement rather than in high-end interior finishes.
Key Details & FAQs
- Key Characteristics: 946 sqft bungalow, fully finished basement, split garage. Built in 1971.
- Lot Size: 7,177 sqft, offering significant outdoor privacy and space.
- Location: Elmhurst neighborhood of Winnipeg.
- Assessment Value: $370,000.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
The living space is compact, ranking below most homes in the immediate community and city-wide. This indicates it's a cozier home, but the lot size is well above average, meaning you're getting more land than living space.
2. What do the "rankings" for year built and value mean?
The rankings show the home is newer than most on its street but older than many in Winnipeg overall. Its assessed value is moderately positioned—it's not among the most expensive nor the least expensive homes in its market area, suggesting it's a mid-range property for the locale.
3. Is the basement included in the 946 sqft living area?
No. The 946 sqft refers to the above-ground living space. The basement is additional, finished square footage, effectively doubling the usable living area.
4. Who would this property be most suitable for?
It's ideal for those seeking single-level living (like retirees or first-time buyers) who want a large yard. The finished basement also makes it suitable for someone needing a separate living space, home office, or rental income suite (subject to local regulations).
5. What is the immediate neighborhood like?
The home ranks in the middle of the pack for value within its own community, suggesting Elmhurst is a stable, established area without extreme highs or lows in property values, which can be attractive for long-term stability.