Property Overview
365 Elmhurst Road is a well-established bi-level home in the Varsity View neighbourhood, offering a practical and spacious setting. Built in 1985, its key characteristic is a generous 7,141 sqft lot, providing ample outdoor space that is increasingly rare in mature areas. The home features 1,132 sqft of living space, a finished basement, and a detached garage. Its appeal lies in its balanced position: it offers more land than many comparable properties while being a move-in-ready, low-maintenance home. The data suggests it holds a strong position city-wide for lot size and is newer than many of its neighbours, indicating a solid, updated structure.
This property would suit first-time buyers or downsizers looking for a manageable home with a large, private yard in a central, no-fuss neighbourhood. It’s also a pragmatic choice for an investor or buyer who values land potential over a large interior footprint, as the lot offers future flexibility. A less obvious perspective is that its above-average rankings for lot size and age in a established area like Varsity View point to a property that has kept pace, avoiding the "dated" label that affects some older homes, making it a stable, long-term holding.
Frequently Asked Questions
1. What is a bi-level, and what are its pros and cons?
A bi-level home features two levels, with the main entry landing between them. Pros often include defined living and sleeping zones, efficient heating, and a naturally finished lower level. A potential con is the split-level entry, which may not suit those with mobility concerns.
2. How does the finished basement affect living space?
The finished basement adds flexible, livable square footage beyond the 1,132 sqft main living area. This space is ideal for a family room, home office, or guest area, effectively increasing the home's functional size.
3. What does the lot size ranking mean for me?
The lot is larger than 84% of properties in Winnipeg, meaning you're getting significant outdoor space that is hard to find. This offers more privacy, gardening potential, and room for additions like a deck or shed compared to typical city lots.
4. Is a detached garage a significant drawback?
It depends on your priorities. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the home. The main consideration is exposure to the elements when going between your car and the house during winter.
5. The home is 41 years old. What should I check?
While the home ranks as newer than many in the area, a standard inspection for any property of this age is crucial. Focus on the roof, windows, and major systems (HVAC, plumbing) to understand their remaining lifespan and any upcoming maintenance.