Property Overview
This home at 436 Elmhurst Road stands out for its superior metrics across nearly every category. Built in 2011, it is a significantly newer construction compared to the typical home on its street or in the Varsity View neighbourhood. Its 1,828 sqft of living space is comfortably above average for the area, providing ample room. The most striking features are its expansive 11,868 sqft lot, which ranks in the top 4% city-wide, and its assessed value of $720,000, which places it in the top 5% of the community and top 3% of Winnipeg. This indicates a property that is not only large and modern but also highly valued by the assessment authority.
The appeal lies in acquiring a modern home in an established area without the typical trade-offs of an older property. It suits buyers looking for move-in-ready comfort, ample outdoor space, and a home with strong intrinsic value. It would particularly resonate with professionals seeking a premium property in a convenient location, or families wanting a newer build with room to grow in a mature neighbourhood. A less obvious perspective is that the high assessment value, while a marker of prestige, also suggests correspondingly higher property taxes, which is a key consideration for long-term budgeting.
Frequently Asked Questions
1. What does the high assessed value actually mean?
It reflects the municipal government's valuation for taxation purposes, which is often based on market value. A value ranking in the top 3% city-wide suggests the property is considered among the most substantial in Winnipeg, but it also means property taxes will be commensurately higher than average.
2. How does a 2011 build date benefit me compared to an older home?
A home from 2011 likely incorporates modern building codes, energy efficiency standards, and materials. It typically means less immediate concern for major system replacements (like roof, furnace, or windows) that are common with mid-century homes, potentially reducing near-term maintenance costs.
3. The lot is large, but how is it shaped and positioned?
The provided data confirms exceptional size but not the layout. It's important to view the property or maps to understand if the lot is wide or deep, its orientation for sunlight, and how much is usable yard space versus frontage.
4. The living space is above average, but how is it distributed?
While the total square footage is generous, the room count and floor plan layout are not specified. Understanding the number of bedrooms, bathrooms, and the flow of the main living areas is crucial to determining if the space meets your specific needs.
5. The rankings are impressive, but what's the neighbourhood like?
The data compares physical and value metrics, not lifestyle. Varsity View is known for its proximity to the University of Manitoba. Prospective buyers should research the feel of the specific street, traffic patterns, local amenities, and schools to ensure the community aligns with their lifestyle.