Property Overview & Key Characteristics
This property is defined by its exceptional land size and spacious living area, offering a rare blend of urban convenience and private, expansive grounds. The nearly 40,000 sqft lot is its most significant feature, placing it in the top tier of properties in Winnipeg for sheer land volume. The over 2,600 sqft of living space in a classic two/one-storey design provides ample room for family life. Built in 1956, the home includes a finished basement, adding to its functional space.
Its appeal lies in the unique opportunity to own a truly sizable parcel within the city—a canvas for gardening, recreation, or future expansion. It suits buyers who prioritize land and space over turn-key modernity, appealing to large families, those seeking multi-generational living possibilities, or visionaries looking for a property with long-term redevelopment potential. The high assessment value reflects its substantial footprint, suggesting it's an investment in the land as much as the existing structure. A thoughtful perspective is recognizing this as a legacy property; it's not just a home but a substantial asset in terms of land, offering privacy and possibilities that are increasingly difficult to find in urban settings.
Frequently Asked Questions
Q: What does the ranking data (e.g., "top 1% in Winnipeg") actually mean?
A: It's a relative comparison. For example, being in the "top 1% for land area in Winnipeg" means the property's lot size is larger than 99% of all residential properties in the city, highlighting its rarity.
Q: The house was built in 1956. What should I consider?
A: While offering solid construction and character, a home of this age will likely require updates to mechanical systems (like plumbing and electrical) and insulation. The finished basement should be checked for proper moisture control. A thorough inspection is essential.
Q: There is no garage. Can one be built?
A: Given the enormous lot size, adding a garage or workshop is a very feasible and attractive possibility, subject to local zoning and building bylaws. The land provides ample space for such an addition without compromising yard area.
Q: Who is responsible for maintaining such a large lot?
A: The owner is responsible for all maintenance, including landscaping, snow removal on the driveway and sidewalks, and any care for mature trees. This requires significant time, equipment, or the budget to hire services.
Q: The assessment value is high. Will my property taxes be as well?
A: Generally, yes. Property taxes are calculated using the assessed value. A high assessment, as seen here, typically results in correspondingly high annual property taxes, which should be factored into the long-term cost of ownership.