847 Elmhurst Road

Property Overview

This 1970-built, one-storey home on an exceptionally large, 17,764 sqft lot presents a unique opportunity in Winnipeg's Elmhurst area. Its primary appeal lies in the rare scale of its private outdoor space, which ranks in the top 2-4% of all properties in the city for lot size. The home itself is modest at 1,113 sqft of living space and features a finished basement and a detached garage. While the house is of average size and age for its immediate street, its value proposition is heavily weighted toward the land. This property would suit a buyer looking for a solid, no-frills home with unparalleled potential for expansion, gardening, or outdoor recreation. It’s a long-term play for someone who values space and privacy over a modern or recently renovated interior, understanding that the land itself is the primary asset here.

Key Details & Questions

What are the key features of this property?
The defining feature is the massive, nearly 18,000 sqft lot, which is significantly larger than most in Winnipeg. The home is a single-level layout with a finished basement and sits on a quiet street where it ranks very highly for lot size.

What is the condition and style of the home?
Built in 1970, the home is a classic one-storey design. It offers functional living space with a finished basement, but its age suggests potential buyers should budget for updates or maintenance. The value is not in a turn-key modern finish, but in the solid foundation and the land it occupies.

Who would this property be ideal for?
It's ideal for buyers who prioritize outdoor space—such as families wanting room for play, gardeners, or those dreaming of a future addition or secondary suite. It also suits value-driven buyers who see the potential in the land itself and are comfortable with a home that may require personalization.

How does it compare to others in the area?
The lot is its superpower, outperforming 98% of Winnipeg properties in size. The house is more average in comparison, ranking in the middle of the pack for size and age on its street, but the overall assessed value ranks in the top 28% city-wide, underscoring the premium placed on the land.

What should a potential buyer consider?
Prospective buyers should weigh the cost and vision for potentially updating the 56-year-old home against the incredible lot size. It's a property where future possibilities are vast, but realizing them requires an investment beyond the purchase price. The detached garage also means winter vehicle prep.