Property Overview: 88 Epsom Place
Section 1: Key Characteristics & Appeal
This well-situated bi-level home in Elmhurst offers a practical layout with a finished basement, providing flexible living space. Its standout feature is the generous 7,389 sqft lot, offering significant outdoor space that is rare for many in-city properties. Built in 1983, the home is notably newer than most in its immediate area, suggesting potentially fewer concerns with aging infrastructure compared to neighborhood peers.
The appeal lies in its balance of space, relative modernity, and established location. The property ranks highly for its lot size and age within Winnipeg, indicating a strong value proposition for land and a newer structure. It suits buyers looking for a manageable-sized home with room to grow outdoors—perfect for gardening, recreation, or future expansion. It would particularly fit first-time buyers or downsizers who want a single-family home with a low-maintenance bi-level layout, without sacrificing yard space. A thoughtful perspective: this home represents an opportunity in a mature neighborhood where the land itself may hold as much long-term value as the structure, appealing to those with an eye on future potential.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics. For example, being newer than 98% of houses on its street is a significant advantage, while the living space is more modest compared to local averages.
2. Is the finished basement included in the 1,107 sqft living area?
Typically, the listed living area (sqft) refers to above-grade space. The finished basement is an additional area, adding functional rooms like a family room or extra bedrooms not reflected in that main square footage figure.
3. What are the advantages of a bi-level design?
Bi-level homes often feature efficient use of space with distinct separation between living and sleeping areas. The entryway landing creates a natural buffer from the street, and the design can make both the main floor and basement feel bright and accessible.
4. How might the large lot impact costs?
While providing excellent private space, a lot of this size may involve higher maintenance (like lawn care or snow clearing) than a standard city lot. It also presents opportunities like adding a shed, garden, or patio.
5. The home ranks higher for value than for size. What does this indicate?
This suggests the assessed value is strong relative to its physical footprint, often pointing to desirable factors like the large lot, recent updates, or the home's condition. It can indicate a property that is well-positioned in its market segment.