Property Summary: 86 Epsom Crescent
Key Characteristics & Appeal
This is a well-established, two-storey family home in Elmhurst, sitting on a large, approximately 9,510 sqft lot—a standout feature that places it in the top tier of property sizes locally. Built in 1981, the home offers 1,272 sqft of living space, a finished basement, an attached garage, and the notable addition of a private swimming pool. Its appeal lies in the generous outdoor space and recreational amenities, offering a suburban retreat feel within the city. The home's value is further underscored by its assessment, which ranks favorably against a majority of Winnipeg properties.
It would particularly suit buyers looking for a ready-made family environment with ample room for children, pets, and entertaining. The pool and large yard cater to those valuing an active, outdoor lifestyle without leaving home. It's also a fit for buyers who appreciate a home with established character in a mature neighborhood, rather than a new-build, and who see potential in the significant lot size as a long-term asset.
Frequently Asked Questions
1. How does the age of the home (built in 1981) affect maintenance?
While major systems may have been updated, a home of this age will likely require ongoing attention to components like the roof, windows, and plumbing. A thorough inspection is essential to understand the condition and plan for future upkeep.
2. What are the ongoing costs associated with the swimming pool?
Beyond initial seasonal opening and closing, factor in recurring costs for chemicals, cleaning, increased water usage, and higher insurance premiums. Energy costs for heating and running the pump can also be significant.
3. The lot is large, but how is the actual layout and usability?
The nearly 10,000 sqft lot offers great potential, but it's important to view the property to understand its shape, slope, sun exposure, and how much of it is functional yard versus taken up by the home, pool, and driveway.
4. The home's living space is modest relative to the lot size. Is there room to expand?
The generous lot could potentially allow for an addition, subject to local zoning bylaws and setback requirements. This is a key point to investigate for buyers looking for a home to grow into.
5. How does the assessed value compare to the likely asking or selling price?
The municipal assessment of $429,000 is a snapshot for tax purposes and often differs from market value. It's a useful benchmark, but the current market conditions and the home's specific features will ultimately determine its sale price.