4913 Eldridge Avenue

Property Overview

This 1970-built, single-storey home on Eldridge Avenue offers a rare combination of generous space and established character. Its primary appeal lies in its substantial 12,003 sqft lot, which places it in the top 4% of all properties in Winnipeg for land size. The 1,606 sqft living area is complemented by a finished basement, providing ample room for a growing family or those who value space for hobbies and storage. With an attached garage and a layout that surpasses most comparable homes in its immediate area for both size and assessed value, this is a property built for practical, long-term living. It suits buyers looking for a solid, no-fuss home in a mature neighbourhood, particularly those who prioritize outdoor space and room to grow over brand-new finishes. A thoughtful perspective is the value of an established lot: mature trees and landscaping on a property of this scale offer privacy and a sense of retreat that newer subdivisions often cannot match for many years.

Key Details & FAQs

Key Characteristics & Ideal Buyer

• Spacious Lot: The nearly one-third-acre property is a standout feature, offering exceptional outdoor potential for gardens, play areas, or future additions.
• Established & Solid: The home ranks highly for its living area and assessed value within its community and city-wide, indicating a well-sized and proportionately valued property for the area.
• Practical Layout: A finished basement and an attached garage add functional living and storage space to the single-storey floor plan.
• Ideal For: This home is well-suited for families, downsizers seeking single-level living without sacrificing yard space, or value-oriented buyers who see potential in the land and the solid foundation of a maintained, older home.

Frequently Asked Questions

1. How does the age of the home (built in 1970) affect things?
While the home is over 50 years old, its systems and structure have proven durable. Buyers should budget for the maintenance and eventual updates typical of a home of this vintage, but can also appreciate the character and build quality of its era.

2. What does the high ranking for lot size actually mean?
It means this property has more land than 96% of homes in Winnipeg. This is a significant asset, offering more privacy, space for outdoor activities, and flexibility than most available listings.

3. Is the finished basement included in the 1,606 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade, heated space. The finished basement is an additional area, adding significant functional square footage to the home's total usable space.

4. The community ranking for size is 50% – what does that indicate?
This means the home's living area is larger than half the homes in the Eric Coy neighbourhood. It suggests the home is comfortably mid-to-large for its specific area, which often features a mix of home sizes.

5. Why is the assessed value higher than many comparable homes?
The assessment reflects the city's valuation for tax purposes, considering the home's size, lot size, condition, and market trends. Its high percentile ranking indicates that, compared to neighbours, the city assesses it as a more valuable property, which often correlates with its market appeal and sale price.