Property Overview & Key Characteristics
This 2004-built bi-level home at 364 Elmhurst Road offers a practical and modern living footprint in the established Varsity View neighbourhood. Its key appeal lies in a balanced combination of space, contemporary build age, and a quiet location. The 1,318 sqft of finished living space includes a developed basement, providing flexible room for a growing family or a home office. With a large 5,741 sqft lot and an attached garage, it caters well to those seeking both indoor and outdoor space without the upkeep of an older property.
The home’s data reveals its strengths: it ranks notably newer than most homes in Winnipeg, and its assessed value sits comfortably above the majority of the city's properties. This suggests a well-maintained home in a desirable area. It would particularly suit first-time buyers or young families looking for a move-in-ready home from this century, as well as downsizers from a larger property who still want a generous lot and no stairs to a main bedroom. A less obvious angle is its potential for buyers who value statistical reassurance—the strong rankings for age and value indicate a sound investment in a stable community, not just a house.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being newer than 82% of Winnipeg homes means it’s a relatively modern build, which often translates to fewer immediate major repairs.
2. Is a bi-level layout suitable for everyone?
The split entry is efficient and can feel spacious, but it involves stairs immediately upon entry. It’s excellent for separating living and sleeping zones, but may not be ideal for those with significant mobility concerns.
3. How does the finished basement affect the living space?
The developed basement effectively doubles the usable area to over 1,300 sqft, offering crucial extra space for recreation, guests, or a separate living area. It’s a key factor in the home’s overall utility.
4. What is the neighbourhood like?
Varsity View is a mature, family-oriented community near the University of Manitoba. It offers a blend of quiet, tree-lined streets with the convenience of nearby academic and recreational amenities.
5. Why is the lot size a significant feature?
At over 5,700 sqft, the lot is larger than average for a home of this age and style in the area. This provides ample private outdoor space for gardening, play, or future additions like a deck or shed, which is a premium in established neighbourhoods.