Property Overview: 91 Elmvale Crescent
Key Characteristics & Appeal
This is a substantial, well-situated family home in Southboine, Winnipeg, built in 1994. Its primary appeal lies in offering significant space and land in a single package. The home itself is large, with over 3,000 sqft of living space across two main stories plus an unfinished basement, providing ample room for growth or customization. The lot is a true standout at nearly 13,000 sqft, ranking among the largest in the wider city, which offers exceptional outdoor potential for gardens, recreation, or future additions.
The property’s competitive rankings are consistently strong, placing it in the top tier of homes city-wide for lot size, living area, and assessed value. This suggests a home that outperforms most of the market on core metrics. The 2019 sale price provides a recent benchmark, showing considerable value growth since then according to the current assessment.
This home would best suit buyers who prioritize space—both indoors and out—over turn-key luxury. It’s ideal for a growing family seeking room to spread out, or for someone with a vision to finish the basement and potentially tailor the home to their needs. The large, private yard will appeal to gardeners, those who enjoy outdoor entertaining, or anyone seeking a rare sense of space within the city.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
It means the basement is a blank canvas with core structural and utility elements in place (like foundation, plumbing rough-ins, electrical panel), but without finished walls, floors, or ceilings. This presents a significant opportunity to add customized living space, a recreational room, or additional bedrooms to suit your needs.
2. The assessed value is notably higher than the 2019 sale price. What does this mean?
The municipal assessment reflects the city’s estimate of the property’s market value as of a specific date, which considers general market trends and the home’s attributes. The increase since 2019 indicates strong appreciation, but the final market price is always determined by current buyer competition and negotiation.
3. Who is responsible for maintaining such a large yard?
The homeowner is fully responsible. A lot of this size offers fantastic potential but also requires considerable upkeep—lawn care, gardening, snow removal—or the budget to hire services. It’s a key consideration for the lifestyle it enables.
4. What are the advantages of a home built in 1994?
Homes from this era often benefit from modern construction standards (like updated electrical wiring and insulation) compared to much older properties, while typically avoiding some of the complex issues sometimes found in very new builds. They strike a balance between established character and relative modernity.
5. The rankings show it's in the top 3% city-wide for lot size. How rare is this?
Extremely rare. The vast majority of residential lots in Winnipeg are significantly smaller. This places the property in an exclusive category, offering a level of privacy, outdoor space, and long-term development potential that is very difficult to find.