Property Overview
This 1971-built bi-level home at 750 Municipal Road offers a practical and private living arrangement on a large, approximately 10,768 sqft lot. Its key appeal lies in the balance of space and value. The home itself features 945 sqft of living space with a finished basement, providing flexible room for a growing family, hobbies, or a home office. The split garage adds convenience. While the house is of average size for the area, its standout feature is the expansive lot, which offers significant outdoor privacy and potential for gardening, recreation, or future expansion. The property ranks highly for its lot size within both the neighborhood and wider Winnipeg, indicating a level of seclusion and space that is increasingly sought-after.
It would suit first-time buyers or downsizers looking for a manageable home without sacrificing yard space, as well as value-oriented buyers who see potential in the solid structure and large lot. It’s a home for someone who prioritizes land and privacy over a large interior footprint, and who is comfortable with a property that offers a solid foundation to personalize over time.
Frequently Asked Questions
1. How does the "bi-level" layout function in practice?
A bi-level typically has a short flight of stairs leading up to the main living areas (kitchen, living room, bedrooms) and another short flight leading down to a lower level, which here is finished. This creates two distinct living zones, which can be great for separating living and sleeping areas or for multi-generational flexibility.
2. The house was built in 1971. What should I be mindful of?
While systems like the roof, furnace, and windows may have been updated over the years, a home of this age warrants a thorough inspection. Special attention should be paid to the condition of original plumbing and electrical systems, as well as the foundation and insulation standards of the era.
3. The lot is large, but what are the maintenance implications?
A lot of this size (over 1/4 acre) requires more time and equipment for lawn care and landscaping than a standard city lot. It's a benefit for privacy and space, but buyers should budget for the ongoing maintenance or consider the cost of landscaping services.
4. The home's assessed value is lower than many in Winnipeg. Is this a concern?
Not necessarily. The assessment is for municipal tax purposes and reflects factors like the home's size and age. It can indicate a potentially lower tax burden. The market value is determined by current buyer demand, the desirable lot size, and the home's condition, which may be higher than the assessment.
5. The interior living space ranks lower than the lot size. What does this mean for daily living?
This highlights the property's trade-off: you are acquiring more land than house. The living area is functional but modest. It emphasizes an indoor-outdoor lifestyle, where the home serves as a comfortable base, but the large yard is considered an extension of your living space.