568 Cloutier Drive

Property Overview: 568 Cloutier Drive, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2002, sits on an exceptionally large, half-acre lot (21,773 sqft) that ranks among the top 1% citywide for land area. The home itself offers generous living space (2,309 sqft), placing it well above the Winnipeg average. Key features include a renovated basement and an attached garage.

The primary appeal lies in a unique combination of a modern, low-maintenance home with the rare opportunity for extensive outdoor space within the city. While the house is comfortably sized and contemporary compared to many in the area, the true standout is the land itself. It offers privacy, room for gardens, recreation, or future expansion that is increasingly difficult to find. The property suits buyers who prioritize space and potential over a brand-new build, appealing to families seeking a backyard oasis, hobbyists wanting room for projects, or those thinking long-term about property value tied to substantial, developable land.

Frequently Asked Questions

1. How does the lot size compare to a typical city lot?
The lot is approximately 3.3 times larger than the average Winnipeg residential lot, offering a rare level of outdoor space.

2. The assessed value seems low relative to the lot size. Why is that?
Property assessments in Manitoba are primarily for municipal tax purposes and don't always directly reflect current market value, especially for unique properties. The sale price from 2021 and the assessed value are administrative figures; market value is determined by what buyers are willing to pay for this specific home and its exceptional land.

3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.

4. What is the neighbourhood like for families?
Cloutier Drive features larger properties, suggesting a established, spacious neighbourhood feel. Its ranking shows the home is on par with or above area averages for year-built and living space, indicating a well-maintained area of primarily single-family homes.

5. What are the long-term advantages of such a large lot?
Beyond immediate enjoyment, the lot represents significant future potential. It could allow for additions like a large garage, workshop, or pool. As larger lots become scarcer in the city, it may also appreciate differently than standard-sized properties, appealing to a specific segment of the market.