Property Overview & Key Characteristics
This property is defined by its generous, half-acre lot in the established Roblin Park neighbourhood. The primary appeal lies in the exceptional outdoor space—a rare, large, and private yard within the city—offering immense potential for gardening, recreation, or future expansion. The home itself is a modestly sized, single-storey 1956 bungalow with a finished basement, presenting a solid foundation. Its standout competitive rankings highlight a key dynamic: while the house is smaller and older than most in the immediate area, the land size is among the top 1% in all of Winnipeg, making the lot the undisputed asset.
This home would best suit a buyer who values land over lavish living space. It's ideal for someone with a vision for the outdoors, a need for workshop or storage space (with the detached garage), or a long-term plan to renovate or rebuild. It represents an entry point into a desirable neighbourhood with the unique advantage of space that is nearly impossible to find in newer subdivisions.
Frequently Asked Questions
1. How does the home's condition match its age?
As a 70-year-old home, buyers should anticipate systems (like plumbing, electrical, and the roof) that may be at or beyond their typical lifespan. A thorough inspection is essential to understand the balance between the value of the land and the potential update costs for the dwelling.
2. What does the "finished basement" entail?
The details of the finish are not specified. It's important to clarify the quality, ceiling height, moisture control, and whether it includes a proper secondary egress. This affects both livable space and safety.
3. Is the large lot a benefit or a burden?
While offering privacy and potential, a 20,000+ sqft lot requires more time and expense for maintenance (lawn care, landscaping, snow clearing). It's a significant benefit for those who will use it, but could be a consideration for those seeking low-maintenance living.
4. Why is the assessed value relatively low compared to the lot size?
The assessment reflects the current combined value of the land and the older, smaller home. The lower assessment primarily indicates the significant weight given to the dwelling's characteristics in the valuation model, further underscoring that the market price will largely be driven by the premium for the rare lot.
5. What is the neighbourhood character of Roblin Park?
Roblin Park is a mature, well-regarded neighbourhood with a mix of original mid-century homes and significant renovations or rebuilds. The presence of this large-lot property among them suggests a streetscape in transition, offering both established community feel and future potential.