Property Overview
This one-storey home in Roblin Park offers a rare combination of spacious land and solid value. Its key appeal lies in the exceptionally large, half-acre lot (20,006 sqft), which places it in the top 1% of properties in Winnipeg for land size. The home itself is a practical 1,414 sqft bungalow with a finished basement and an attached garage, built in 1971. While the house ranks moderately within its immediate neighborhood for size and assessed value, the extraordinary lot provides significant upside. This property would perfectly suit a buyer looking for outdoor space for gardening, recreation, or future expansion, who values a mature, established neighborhood over a brand-new home. It’s also a strong candidate for those who see land as the primary long-term asset, willing to update the home over time.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Roblin Park, and across all of Winnipeg. For example, being in the top 1% city-wide for lot size is a standout feature, while the home's living area and assessed value are more in line with typical community averages.
2. Is a 55-year-old home a concern?
While the core structure is mature, the age indicates a well-established neighborhood with mature landscaping. Buyers should prioritize a thorough inspection focusing on major systems (roof, wiring, plumbing, foundation) that may be due for updates or replacement, which is typical for homes of this vintage.
3. How can the lot be so large in the city?
This is a less common feature of some older Winnipeg neighborhoods, where properties were sometimes subdivided more generously. It represents a major portion of the property's value and offers privacy and potential not found in newer subdivisions.
4. What is the potential here for the future?
The lot is the key. It offers ample room for additions like a large deck, workshop, or even a secondary suite (subject to zoning approval). For the right buyer, the land itself is a long-term investment that could outpace the value appreciation of the home.
5. Who is the typical buyer for this property?
It's ideal for downsizers seeking a bungalow with minimal stairs but who don't want to compromise on outdoor space, or for growing families who prioritize a huge backyard over a massive house. It also appeals to value-conscious buyers who see the merit in investing in a property where the land itself provides a strong foundation for equity.