Property Overview
This 1946-built, one-storey home in Roblin Park offers a unique proposition centered on land and location. Its primary appeal lies in its exceptionally large, approximately 12,815 sqft lot, which places it in the top 3% of all properties in Winnipeg for land size. The home itself is modest at 760 sqft with a finished basement, representing a classic "value-in-the-land" scenario in a mature, established neighbourhood.
The property would best suit a specific type of buyer: those who prioritize outdoor space and future potential over immediate square footage. It's a strong fit for someone looking for a starter home with immense yard potential for gardening, recreation, or future expansion, or for an investor who sees value in the sizable lot in a well-ranked community. It's less suited for those seeking a large, modern living space without renovation plans.
Key Details & Questions
What are the key characteristics?
The home is a 760 sqft bungalow on a massive 12,815 sqft lot. It features a finished basement and was built in 1946. While the house is smaller and older than most in the area, the lot size is a standout feature, ranking in the 97th percentile city-wide.
Where does its main appeal lie?
The appeal is squarely in the land and its possibilities. The lot offers rare space for a property within the city, providing privacy, room for additions, or extensive landscaping. Its location in Roblin Park, a neighbourhood that ranks above average locally, adds stability and desirability.
Who would this property suit best?
It suits buyers with a vision for the land—whether for gardening, building a garage or workshop, or future home expansion. It could be a long-term starter home for a hands-on owner or a strategic purchase for an investor focusing on lot value.
Five Possible FAQs
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What does the "value-in-the-land" ranking actually mean?
The data shows the lot size is larger than 97% of properties in Winnipeg, indicating you're paying primarily for a scarce, oversized urban lot rather than for the existing home's square footage.
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Given the home's age and size, what should I budget for immediate updates?
Built in 1946, prospective buyers should prioritize inspections for foundational, electrical, and plumbing systems typical of the era, and budget accordingly for necessary updates or maintenance.
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Is there potential to expand the existing house?
The vast lot size presents a clear opportunity for additions or a significant renovation, subject to local zoning bylaws and building permits. This is a key consideration for future value.
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How does the finished basement affect the living space?
The basement adds functional space, but it's important to assess its finish quality, ceiling height, and moisture control, as these factors impact its true usability and value.
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The community ranking is strong, but the house itself ranks low. How should I weigh this?
This highlights the trade-off: you're buying into a desirable and established neighbourhood (Roblin Park), but the existing structure is one of the smaller and older homes within it. The investment rationale leans on improving the property to match the community's standard.