Property Overview & Key Characteristics
This 1949-built, one-storey home in Roblin Park offers a classic, grounded living experience. Its primary appeal lies in the combination of a very generous, mature lot (over 12,000 sqft) in an established neighborhood with a home that presents a clear opportunity for personalization. The property has a finished basement and an attached garage, providing practical space.
The home suits two main types of buyers: first, those seeking a solid entry point into a desirable neighborhood who are comfortable with a property that has significant upside potential rather than modern finishes. Second, it appeals to buyers who prioritize private outdoor space over interior square footage, as the lot size is a standout feature, ranking in the top 4% of all Winnipeg. The home’s assessed value has risen since its 2021 purchase, indicating stable underlying value, but its interior size and vintage mean the appeal is largely for vision-driven owners or those looking for a long-term hold on a sizable piece of land.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Roblin Park, and across all of Winnipeg. Key takeaways are that its lot size is exceptionally large city-wide (top 4%), while the house itself is more modest in size and older than many comparables. This highlights the property's profile: land-centric with a home that may require updates.
2. Is the finished basement included in the 796 sqft living area?
Typically, the main living area (796 sqft) and finished basement are listed separately. The 796 sqft refers to the above-ground footprint of the one-storey layout. The basement adds additional, separate living space.
3. What are the less obvious considerations with such a large, mature lot?
A lot of this size and age offers great potential for gardens, play space, or future additions. However, buyers should also consider the ongoing maintenance (like tree care or lawn care) and ensure any future development plans comply with current zoning bylaws, which can differ from those in 1949.
4. How does the 2021 sale price relate to the current assessed value?
The property sold for $350,000 in August 2021 and is now assessed at $384,000. This increase suggests the market and assessor recognize growing value, likely tied to the desirable lot and neighborhood. It provides a recent market benchmark, but the final sale price will be determined by current conditions.
5. What type of renovation or update should I anticipate?
Given the home's age (77 years) and its ranking for living area, prospective buyers should budget for modernizing mechanical systems (like plumbing and electrical), improving insulation and windows for energy efficiency, and likely reconfiguring the compact main-floor layout to suit contemporary living, all while preserving the character of an older home.