Property Overview
This one-storey home at 784 Cloutier Drive presents a compelling blend of space, location, and value. Its primary appeal lies in its exceptional lot size of just over an acre (43,875 sqft), which places it in the top 12% of properties on its own street and the top 1% citywide. This offers rare potential for privacy, expansion, or landscaping in Winnipeg. The living area is a generous 2,670 sqft, supported by a renovated basement, providing ample room for family living. While the home itself is from 1973 and is average for its immediate neighborhood in terms of assessed value and living space, its city-wide standing is elite due to the sheer scale of the property and home relative to typical Winnipeg listings. It suits buyers looking for a substantial footprint and yard without a premium, brand-new build price tag, and who value the character and potential of an established, updated property.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1973, the home is older than many on its street. This is reflected in its assessed value being average for the area. However, key updates like a renovated basement mitigate this, and the older build date is often associated with larger lot sizes—a major advantage here.
2. Is the assessed value a reliable indicator of the sale price?
The property last sold for $850,000 in March 2023, which matches its current assessed value. This recent sale provides a solid, transparent benchmark for its market worth.
3. What are the benefits of such a large lot?
Beyond privacy and space, a lot of this size (over an acre) is exceptionally rare in the city. It offers long-term flexibility for additions, recreational spaces like gardens or sports courts, or simply the preservation of green space, which is a growing priority for many.
4. Who would this property not be suitable for?
It may not suit those seeking a modern, open-concept layout without further renovations, or buyers who prefer a low-maintenance yard. The size of the home and land implies more upkeep.
5. How does this home compare to others in Winnipeg?
While it ranks around average for its specific neighborhood in several metrics, city-wide it stands out dramatically. It offers more than double the average living space and nearly seven times the average land area of a typical Winnipeg home, making it a unique find for the price point.