Property Overview: 449 Almey Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and rare opportunity, centered on its exceptional lot. Built in 1993, the 1,858 sqft residence offers above-average living space for its street, neighbourhood, and the entire city. Its true standout feature is the land: a 51,093 sqft lot (over an acre) that ranks in the top 1% within the Peguis area and citywide. This extraordinary parcel offers unparalleled potential for privacy, expansion, or recreational use in an urban setting.
The appeal lies in this unique combination of a modern, spacious home on a truly elite-sized property. The assessed value of $614k reflects this, ranking in the top 5% for the neighbourhood, suggesting strong intrinsic value for the package. It suits buyers who prioritize land over a brand-new build—those looking for a family home with immense outdoor space, hobbyists or gardeners, or long-term buyers who see the value in a property where the land itself is a scarce and appreciating asset. It’s a home for someone whose vision extends well beyond the walls of the house.
Frequently Asked Questions
1. How does the age of the home (1993) compare to others nearby?
On Almey Avenue, it's newer than most, ranking in the top 15%. However, within the broader Peguis area, which has many newer homes, it is older than average. This suggests the street and lot may be more established than some newer subdivisions nearby.
2. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size is larger than 99% of comparable homes in both the Peguis area and the entire city. With over 1.1 acres, it is a rare find in Winnipeg and is the defining characteristic of this listing.
3. The assessed value seems high for a 1993 home. Why?
The assessed value ($614k) is not based on the house alone. Municipal assessments consider the property as a whole, and the exceptionally large, valuable land parcel is a major contributing factor, placing it in the top 5% for the neighbourhood.
4. Is there recent sale history for this specific property?
Public data shows it last sold between $350k-$400k in September 2016. For fully verified and exact historical sale figures, a manual lookup through the site is required due to data source regulations.
5. What is the practical benefit of such a large lot?
Beyond privacy and space, it offers significant flexibility. Potential uses could include extensive landscaping, adding outbuildings (subject to bylaws), creating recreational spaces, or simply enjoying a natural buffer rarely found in the city. It also represents a long-term hedge, as this type of land is increasingly scarce.