258 Elmhurst Road

Property Overview

This 1974 bi-level home at 258 Elmhurst Road sits on a spacious 5,382 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in its balance of space, location, and value. The home offers 952 sqft of living space with a finished basement, providing flexible living arrangements. While the interior square footage is modest, the large lot presents a significant opportunity for gardening, play, or future expansion. The property ranks above average for its lot size and assessed value within Winnipeg, suggesting solid underlying value for the area.

Its character is that of a practical, grounded home. It would suit first-time buyers looking for an entry point into a mature neighbourhood, or value-oriented investors seeking a property with good land value and rental potential. The above-average rankings for lot size and assessment in a central community like Varsity View indicate you're paying more for the land and location than for a large interior, which is a typical trade-off in older, well-situated neighbourhoods.

Frequently Asked Questions

1. What is a bi-level layout, and what are its pros and cons?
A bi-level features two levels split from the main entryway, typically with living areas on one half and sleeping areas on the other. It offers good separation of space and often makes the basement feel more integrated. However, the split-entry stairs can be a consideration for those with mobility concerns.

2. The house was built in 1974. What should I be mindful of?
While major systems may have been updated, a home of this age warrants a close inspection of its original components. Pay special attention to the roof, windows, and the heating/electrical systems to understand their condition and age.

3. The lot is large, but the house itself isn't. Can it be expanded?
The generous lot size does create potential for future additions, a garage, or a deck. Any expansion would require checking with the city for zoning bylaws, setback requirements, and obtaining the necessary permits.

4. How do the provided rankings work?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for metrics like size and age. For example, ranking "in the top 46%" for lot size in Winnipeg means 54% of properties have a smaller lot. This helps gauge how specific features stack up locally.

5. What is the neighbourhood vibe of Varsity View?
Varsity View is a central, established residential area. Its name hints at its proximity to the University of Manitoba, which can bring a quiet, academic energy. It offers a blend of long-term residents and younger buyers or renters, with the convenience of nearby amenities without being a high-traffic zone.