95 Woodfield Bay

Property Overview: 95 Woodfield Bay, Elmhurst, Winnipeg

Section 1: Key Characteristics & Appeal

This 4-level split home, built in 1978, offers a practical and spacious layout with 1,742 sqft of living space. Its size is a standout feature, placing it well above average for its immediate street and the wider city. The home includes a renovated basement and a detached garage. The lot is a standard city size for the area at just over 5,000 sqft.

The appeal lies in its balanced offering of above-average interior space within a mature, established neighborhood. It represents a solid, no-frills family home where the square footage provides flexibility for growing households or dedicated work-from-home areas. The renovated basement adds immediate functional value without the need for a project.

This property would best suit pragmatic buyers looking for room to grow in a quiet neighborhood, who value interior space over a large yard. It’s ideal for those who appreciate a home that has seen some updates (like the basement) but are comfortable with the character and maintenance considerations of a late-70s build. It offers a foothold in a stable community without the premium price tag of a newer or fully renovated property.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
At 1,742 sqft, the living area is notably larger than most comparable homes on Woodfield Bay (top 13%) and across Winnipeg (top 19%). This is one of the property's strongest assets.

2. What is the property’s value context?
The assessed value is around the median for the city and its own street. This suggests the home is priced consistently with the market for its type and area, not carrying an unusual premium or discount based on its core metrics.

3. Is the lot size typical?
The lot is average for Woodfield Bay but is smaller than the typical lot in the broader Elmhurst neighborhood. This means you get a standard city yard for the immediate area, but not an expansive green space compared to some other parts of Elmhurst.

4. The home was built in 1978. What should I consider?
While the building age is common for Winnipeg, it is older than most on its street. Prospective buyers should pay particular attention to the condition of major systems (roof, windows, plumbing, electrical) common to homes of this era, as some may be nearing or past their typical lifespan.

5. What does the sale history indicate?
The home last sold in August 2019 for $33.5k. The significant increase to the current assessed value of $40.7k likely reflects market-wide appreciation over the last five years and the value added by the basement renovation. It indicates active market movement for the property.