Property Overview & Key Characteristics
This 1.5-storey home in Roblin Park offers a unique proposition centered on land and location. Its primary appeal lies in its exceptionally large, approximately 15,119 sqft lot, which places it in the top 2% of properties in Winnipeg for land size. This presents a rare opportunity for a spacious, private backyard, gardening, or future expansion in a well-established neighbourhood. The home itself is a modest 1,050 sqft with a finished basement, reflecting its 1946 origins. Recent sales activity shows steady appreciation.
Its character suits specific buyers: those who prioritize land over a large existing footprint, value the mature trees and quiet streets of Roblin Park, and are comfortable with a home of vintage charm that may require updates. It's a solid entry point into a desirable area where the land itself is a significant asset. A thoughtful perspective is that while the living space ranks below average locally, the lot size is a standout luxury, suggesting the property's true value is in its potential and setting rather than its current structure.
Frequently Asked Questions
1. What does "ONE & 1/2 STOREY" mean?
This is a common architectural style for homes of this era. It typically features a main floor with principal rooms and a second floor with sloped ceilings (following the roofline), often housing bedrooms. It combines the feel of a bungalow with additional upstairs space.
2. The house seems small relative to the lot. What are the possibilities?
The vast lot is the key feature. It allows for numerous possibilities such as extensive landscaping, adding a large deck or patio, creating recreational space, or even future expansion (subject to municipal zoning and permit approvals). The land offers a level of privacy and outdoor flexibility uncommon in the city.
3. How should I interpret the provided rankings?
The rankings compare this property against others on its street, in Roblin Park, and across all of Winnipeg. For example, being in the "top 2%" for lot size city-wide highlights its exceptional acreage. Conversely, rankings for living area or age show it is more typical or modest in those aspects, helping you weigh its strengths.
4. The home was built in 1946. What should I be mindful of?
While the basement is finished, a home of this age will likely have original components, such as plumbing, electrical, or windows, that may need evaluation or updating. A thorough home inspection is essential to understand the condition and plan for any necessary maintenance or renovations.
5. The assessed value is lower than the recent sale price. Why?
Municipal property assessments are for tax purposes and often lag behind current market values, which are driven by recent buyer demand. The July 2024 sale price of $413,000 is the best indicator of its current market worth, showing a clear trend of appreciation in recent years.