Property Overview & Key Characteristics
This is a substantial, one-storey home built in 1975, sitting on an exceptionally large, one-acre-plus lot (over 47,000 sq ft). Its primary appeal lies in the rare combination of significant interior space (3,240 sq ft of living area) and immense outdoor privacy within Winnipeg. The home features an attached garage and a renovated basement.
The property is positioned for a specific buyer. It suits someone seeking a private, estate-like setting without leaving the city, where the land itself is a major asset. It’s ideal for those who value space for gardens, recreation, or future expansion over a brand-new build. The 1975 construction suggests a classic layout, appealing to buyers comfortable with a property of that era, possibly looking to put their own updates into both the house and the expansive grounds. The assessed value places it among the top tier of properties city-wide, indicating a premium offering for its category.
Frequently Asked Questions
1. What does the "Elite" or "Top 1%" ranking mean for this property?
The data shows this home ranks in the top 1% of all Winnipeg properties for both lot size and living area. This isn't just a big house on a big lot; it's among the very largest available in the entire city, making it a truly rare find.
2. The home was built in 1975. What should I consider?
While the basement has been renovated, the core structure and main systems (like plumbing, electrical, and the roof) are from the mid-70s. A thorough inspection is essential to understand the condition and plan for any updates or maintenance typical for a home of this age.
3. How does the last sale price of $66,500 in 2019 relate to the current assessed value of $1.07M?
The 2019 sale price is not a relevant market comparison for today. Such a low historical price often indicates a non-arms-length transaction, such as a transfer between family members. The current assessed value of $1.07 million is the relevant figure for understanding its municipal valuation and market positioning.
4. Who would this property not suit?
It may not suit buyers seeking a modern, low-maintenance turnkey home or those who prefer a compact, walkable neighbourhood feel. The acreage requires considerable upkeep, and the home's era likely means older interior aesthetics and floorplans.
5. What are the potential uses for such a large lot?
Beyond privacy and landscaping, the lot size offers unique possibilities compliant with local zoning, such as adding extensive outdoor living spaces, a sport court, or substantial workshop/studio outbuildings. It also provides a long-term hedge, as large parcels in the city are increasingly scarce.