20 Del Rio Place

Property Overview

20 Del Rio Place is a well-situated, one-storey home in Winnipeg's Kildonan Drive area. Built in 1956, it offers 1,084 sqft of living space and a renovated basement. The property stands out for its exceptionally large lot of over 11,200 sqft, which places it in the top 4% of lots citywide. It includes a detached garage and has an assessed value that is competitive for the area.

Key Characteristics & Appeal

The primary appeal of this home lies in its balance of a solid, updated interior and exceptional outdoor potential. While the living space is average for the neighbourhood, the fully renovated basement adds functional square footage. The true standout feature is the vast, quarter-acre lot—a rarity within the city that offers immense privacy, space for gardens, recreation, or future expansion.

This property would suit practical buyers looking for a solid starter or retirement home in a mature neighbourhood, as well as visionaries who value land over sheer house size. It’s ideal for someone who wants room to breathe, garden, or customize their outdoor space without leaving the city. The home’s assessed value is positioned below average for its immediate street, which could indicate value relative to its neighbours, especially when considering the premium lot size.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and functionality of the space.

2. How does the large lot impact maintenance and costs?
While offering great potential, a lot of this size requires more upkeep for landscaping and snow clearing. Buyers should consider the ongoing time and cost, as well as potential savings if they value growing their own produce or having private space.

3. The assessed value seems low. What does this mean?
The assessed value is for municipal tax purposes and is not the market value. Its position below average on the street could reflect the older home size relative to the lot, but it doesn't necessarily predict the sale price, which will be influenced by market demand for such a unique lot.

4. Are there any development restrictions or opportunities with the lot?
Given the lot's size, buyers might wonder about subdividing or adding secondary structures. This would require investigation with the City of Winnipeg’s planning department to understand zoning bylaws and any potential opportunities or restrictions.

5. What is the neighbourhood and street like for day-to-day living?
The data shows the home is on a quiet street with only a few properties. Prospective buyers should visit at different times to gauge traffic, neighbour interactions, and overall ambiance to see if it matches their lifestyle needs.