Property Overview
99 Epsom Crescent is a spacious two-storey family home in Winnipeg's Elmhurst neighbourhood, built in 1981. Its primary appeal lies in its generous proportions and established lot. The home features 2,186 sqft of living space, placing it in the top 6% of Winnipeg for size, and sits on a large 7,389 sqft property that includes a swimming pool. It has an unfinished basement, no garage, and a current assessed value of $519,000.
This property suits buyers looking for ample indoor and outdoor space for a growing family, with room for future customization. Its strong rankings for size and value within its street, community, and city suggest it's a substantial home in its area. The appeal is practical: it offers more square footage and land than most comparable homes, but requires the buyer to handle finishing the basement and managing pool maintenance. It’s ideal for a hands-on household that values space and privacy over turn-key finishes, and is prepared for the upkeep of a mature home and pool.
Frequently Asked Questions
1. How does the unfinished basement affect the home's value and utility?
While it adds to the total footprint, it represents both future potential and immediate work. It lowers the current finished living space but allows for customization to suit the next owner's needs, whether for recreation, storage, or additional rooms.
2. What should I consider with a 45-year-old home?
Prospective buyers should budget for updates to major aging components, such as the roof, windows, and HVAC systems. A thorough inspection is crucial to understand the condition behind the spacious layout.
3. The home has no garage. What are the options?
Parking will be limited to the driveway. Buyers should consider the practicality of this through Winnipeg winters and evaluate the cost and feasibility of adding a garage or carport in the future, subject to local bylaws.
4. How does the swimming pool impact insurance and maintenance?
A pool increases annual maintenance costs and will likely raise home insurance premiums. It's a valued amenity for many but represents a recurring seasonal cost and responsibility for safety and upkeep.
5. The home ranks very high for size but lower for age. What does this mean?
This indicates you are purchasing significant space and land—a premium asset—within an older building envelope. The value proposition is rooted in the enduring worth of the lot and square footage, with the understanding that the structure itself may require more ongoing investment than a newer home.