Property Overview: 873 Laxdal Road
Key Characteristics & Appeal
This 1972-built, single-storey home in Elmhurst offers a practical and spacious layout on a large 7,173 sqft lot. Its key characteristics include 1,262 sqft of living space and a finished basement, providing ample room for daily living and storage. The home’s primary appeal lies in its solid value proposition: it sits on a lot size that ranks in the top 16% of all Winnipeg, offering generous outdoor space that is increasingly rare. Its overall assessment value ranks competitively within the wider city, suggesting a well-priced entry point into a mature neighbourhood.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It’s also a candidate for value-conscious buyers who see potential in a home from the 1970s and appreciate the established community feel of Elmhurst. A less obvious perspective is its appeal to those prioritizing land over a brand-new build; the large lot provides privacy, gardening potential, and future flexibility that newer subdivisions often lack.
Frequently Asked Questions
1. What is the neighbourhood like?
Elmhurst is a mature, established neighbourhood. The home’s rankings show it is very typical for the area in terms of size and value, sitting close to the median for the community, which suggests a stable, residential setting.
2. Is the basement a legal suite?
The listing notes a finished basement but does not specify it as a legal secondary suite. Buyers should verify its current configuration and legal status with the municipality if considering rental income potential.
3. How does the age of the home affect its value?
Built in 1972, the home is older than 84% of houses on its street, which can mean more established surroundings but also may require attention to aging components like the roof, windows, or mechanical systems. This is reflected in its pricing.
4. There’s no garage. Is there parking?
The listing indicates no garage. Prospective buyers should investigate the driveway and on-street parking situation to ensure it meets their needs.
5. The lot is large. Are there any restrictions on its use?
The 7,173 sqft lot is a significant asset. Buyers interested in future additions, like a garage, workshop, or extensive landscaping, should review the property’s zoning bylaws with the city to understand any buildable area or setback restrictions.