Property Overview
This 1956-built bungalow at 5720 Roblin Boulevard offers a distinct blend of space, privacy, and established charm. Its primary appeal lies in its expansive 11,725 sqft lot within the Betsworth area, providing a rare sense of seclusion and room for gardens or recreation, underscored by the presence of an in-ground pool. The home itself is a manageable 934 sqft one-storey layout with a finished basement, presenting a solid foundation. Its key characteristics—a large, private yard, a pool, and a split garage—contrast with its more modest and older living space, creating a property that is less about immediate luxury and more about long-term potential and lifestyle.
This home would particularly suit a hands-on buyer who values outdoor living space over a large interior footprint. It's ideal for someone looking for a private retreat in the city, willing to update the living spaces over time to match the caliber of the lot. It could also appeal to multi-generational families or those needing a separate basement suite, given the finished lower level. The property's rankings highlight this dynamic: while it scores in the top 4% of Winnipeg for lot size, its living area and assessed value rank in the lower third, indicating an opportunity for value growth through renovation.
Frequently Asked Questions
1. What is the true value proposition here?
The value is heavily weighted toward the land. You are purchasing a premier-sized, private lot with amenities like a pool and split garage. The house, while livable, represents a future opportunity to increase the overall value through updates or expansion.
2. How significant are the age and rankings of the living space?
The home is 70 years old, and its living area ranks in the bottom quarter for the neighborhood. This means buyers should budget for updates to systems, insulation, and finishes. However, this is a common trade-off for securing such a large, established lot in a mature area.
3. Is the pool a benefit or a burden?
It's both. It's a major lifestyle amenity for summer enjoyment and entertaining, directly leveraging the huge yard. However, it requires ongoing maintenance, adds to insurance costs, and represents a safety consideration for families with young children.
4. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home with no projects, or those who prioritize large, updated interior spaces over outdoor amenities. The maintenance of a large lot and pool also requires time and resources.
5. What do the assessment rankings indicate?
The assessed value ranking in the lower third for the area suggests the official valuation is based more on the current state of the dwelling than the land's premium potential. This can sometimes present a more favorable property tax situation compared to homes of similar lot size with newer builds.