Property Overview
This is a well-established, single-storey home in Roblin Park, sitting on an exceptionally large, half-acre lot. Its primary appeal lies in the rare combination of a generous, private land parcel in a mature neighbourhood with a home that offers functional, updated living space. The property is not about flashy modern finishes, but about solid fundamentals: space, location, and value.
Key Characteristics & Appeal
The home itself is a modest 1,270 sqft bungalow built in 1970, featuring a finished basement and an attached garage. Its true standout feature is the land—at nearly 24,000 sqft, the lot size ranks in the top 1% of all properties in Winnipeg. This offers immense potential for gardening, recreation, expansion, or simply enjoying private outdoor space rarely found within the city. The property's high assessment value ranking suggests it is seen as a substantial asset within its market.
This home would suit practical buyers who prioritize land over square footage. It’s ideal for someone seeking a quiet, established neighbourhood with room to breathe, possibly a family wanting a large backyard, or a buyer with long-term vision who values the underlying land value as much as the house. It also represents a solid entry point into a desirable area where the land itself is a significant portion of the investment.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property to others on its street, in Roblin Park, and across all of Winnipeg. For example, its lot size beats 99% of Winnipeg properties, placing it in the top 1%. This is a quick way to gauge how its key features stack up against the competition.
2. Is the house outdated?
Built in 1970, the home is over 50 years old. While the basement is finished, indicating some updates, prospective buyers should be prepared for the potential maintenance and updating needs typical of a home of this era, balanced against the value of its land.
3. What can I do with such a large lot?
Beyond a spacious yard, a lot of this size may allow for future additions like a workshop, extensive landscaping, or even a secondary dwelling (subject to City of Winnipeg zoning bylaws and permits). It provides uncommon flexibility and privacy.
4. How does the assessment value relate to the asking price?
The municipal assessment of $463,000 is for taxation purposes and is a historical snapshot. It indicates the city’s valuation of the property relative to others (it ranks higher than 77% in Winnipeg), but the market-based asking price can differ based on current conditions, updates, and seller motivation.
5. Why is there no mention of specific interior features or condition?
This summary is based on provided data, which focuses on metrics and rankings. A viewing is essential to assess the layout, condition of finishes, mechanical systems, and the true state of the finished basement, which are crucial for a complete decision.