Property Overview: 30 Prairie Oaks Cove
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Assiniboia Downs is defined by its exceptional lot size and strong value metrics. Sitting on over half an acre (25,772 sqft), the property ranks in the top 1% for land area in Winnipeg, offering rare suburban space and privacy. The home itself is a generous 2,544 sqft bungalow, renovated in the basement, and features desirable amenities including a pool and an attached garage. Built in 2007, it strikes a balance between modern construction and established maturity.
Its appeal lies in a powerful combination of space, location, and perceived value. The lot is its most standout feature, providing immense potential for gardening, recreation, or future expansion. The home’s assessed value is notably strong, ranking in the top tier of its neighbourhood and street, which can be attractive for equity-minded buyers. While the living area is comfortably large, the true draw is the outdoor oasis the lot creates.
This property would best suit buyers prioritizing land over a multi-storey layout. It’s ideal for families or individuals seeking a private backyard retreat, possibly with a pool, within the city. It also appeals to value-focused purchasers who note its high assessment rankings and past sale history, suggesting a solid investment in a desirable area. The one-storey design may be particularly suitable for those planning for long-term accessibility.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical properties?
At over 25,000 square feet, this lot is exceptionally large. It ranks in the top 9% of its neighbourhood and, more strikingly, in the top 1% of all properties in Winnipeg, offering a level of space that is increasingly rare.
2. What does the high assessed value ranking indicate?
The assessed value ranks in the top 4% of the neighbourhood and top 17% on its street. This generally suggests the municipal assessment views the property favorably compared to nearby homes, which can be a factor in understanding its market position and potential equity.
3. Is the home’s layout efficient for its size?
As a one-storey (bungalow) design with 2,544 sqft of living space, the floor plan is all on a single level. This can be efficient for living but may mean longer hallways or a larger footprint compared to a two-storey home of similar square footage.
4. The home sold in 2021 and 2017. What does that history show?
It shows steady appreciation, selling for $1,250,000 in 2017 and $1,350,000 in 2021. This history provides a benchmark for past market value in the area.
5. How does the age of the home (built 2007) factor in?
A 2007 build is modern enough to likely avoid major aging-system issues but is now at an age where some components (like roofing, HVAC, or appliances) may be nearing their typical lifespan and could require attention or updating.