Property Overview: 674 Pepperloaf Crescent
This well-situated Roblin Park bungalow offers a classic layout on a generously sized lot. Built in 1969, its key appeal lies in the combination of a large, 11,820 sqft property and a fully finished basement, effectively expanding the 1,186 sqft of main-floor living space. The home features a single attached garage and presents a solid, low-maintenance exterior typical of its era.
Its primary draw is the exceptional lot size, which ranks within the top 4% of all properties in Winnipeg for land area, offering significant privacy and room for gardening, play, or expansion. While the interior living space is average for the local market, the finished basement adds valuable functional space. The property’s assessed value ranks higher than most in the city, suggesting a stable investment in a desirable location. This home would suit first-time buyers or downsizers looking for a manageable single-story layout without sacrificing outdoor space, or investors/value-seekers who see potential in the substantial lot.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The lot is a major feature, placing in the top 4% of all residential properties in Winnipeg for size. In its immediate neighborhood and street, it ranks above average, meaning it is significantly larger than many surrounding properties.
2. Is the home recently updated or in original condition?
The listing notes a finished basement but does not specify recent upgrades to major systems (like roof, windows, HVAC) or interior kitchens and bathrooms. Given the 1969 build date, prospective buyers should inquire about the age and condition of these key components.
3. What does the "rank" information for price and size mean?
These rankings compare this specific property against others on its street, in Roblin Park, and across all of Winnipeg. For example, being in the top 28% for assessed value in Winnipeg means it is valued higher than 72% of homes, which can indicate a sought-after location or property features.
4. Who would this property not be ideal for?
It may not suit buyers seeking a modern, open-concept layout or extensive recent renovations, as the floor plan reflects its 1960s construction. Those prioritizing a very large interior above-ground living space might also find the square footage modest relative to the lot size.
5. What is the potential here for future value?
The combination of a large lot in a established neighborhood and a fully finished basement presents two solid value pillars. The main opportunities likely lie in updating the interior or potentially leveraging the lot size for an addition (subject to zoning and permits), making it attractive for buyers willing to invest in personalization.