Property Overview & Key Characteristics
This 1913 one-and-three-quarter storey home in Lord Roberts stands out for its generous 8,259 sqft lot, placing it in the top 1% for land size on its street and in the neighbourhood. With 1,846 sqft of living space, it offers significantly more room than many nearby homes. Its appeal lies in the rare combination of a large, classic lot in a mature, established area with the original character of a century-old home intact. The detached garage and full basement add functional potential.
This property is best suited for a specific buyer: someone looking for a character home with exceptional outdoor space who is prepared for a project. It’s ideal for a buyer with a vision—whether that’s restoring the original home, eventually expanding, or simply enjoying one of the larger private yards in the area. The very low assessed value, especially relative to its lot size and nearby new builds, suggests it's a value proposition for a renovator or long-term holder, not a turn-key solution.
Frequently Asked Questions
1. Why is the assessed value so much lower than the likely market price?
Assessed value for taxation purposes often lags behind market value, especially for older homes on large lots with renovation potential. It reflects the property's state for tax calculation, not its market value or redevelopment potential.
2. What does "one-and-three-quarter storey" mean for living space?
This classic Winnipeg design typically features full main and second floors, with the top "quarter" being finished space within the sloped roof (like dormer bedrooms). It often provides more character and usable space than a standard 1.5-storey layout.
3. The lot size is a major feature. What are the possibilities?
Beyond gardening and outdoor living, a lot of this size in a central neighbourhood offers long-term flexibility. It could accommodate a significant addition, a detached workshop or studio (subject to bylaws), or simply remains a valuable asset for future generations.
4. The basement is noted as "not renovated." What should I consider?
In a 1913 home, this means the foundation, floor, and mechanical systems (like plumbing and electrical) likely remain original. Budgeting for potential updates to these core systems is as important as planning for cosmetic finishes.
5. How does the age of the home impact maintenance?
A 113-year-old home has enduring quality but requires an older-home mindset. Windows, roofing, and insulation may need upgrading for modern efficiency. The charm comes with a responsibility for ongoing stewardship and targeted updates.