Property Overview
This 1961-built, one-storey home in Roblin Park offers a classic and practical living proposition. Its primary appeal lies in the combination of a generous, mature lot and a fully finished basement, providing expanded living space beyond its 1,039 sqft main floor. The property sits on a large, approximately 9,648 sqft lot, a notable asset in the neighbourhood. While the home itself is of average size for its area and era, the finished basement and the scale of the land offer significant value. The data suggests a property that is solidly established, having appreciated steadily from its 2017 sale price to its current assessed value.
This home would suit a buyer looking for a grounded, single-level living option in a well-regarded neighbourhood, who values private outdoor space over a brand-new interior. It’s ideal for those comfortable with the character and maintenance considerations of a 65-year-old home but who appreciate the immediate usability of a finished lower level. The very strong city-wide ranking for lot size indicates a premium feature that may not be easily replicated, appealing to gardeners, families wanting play space, or those simply prioritizing land.
Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
Built in 1961, the home offers classic construction and neighbourhood maturity. Buyers should factor in potential updates to major aging components (like roof, windows, plumbing) but also benefit from a well-established lot with mature landscaping that can’t be replicated in new developments.
2. The lot is ranked very highly city-wide. What does this actually mean?
The data indicates this property’s lot size is larger than 93% of all residential lots in Winnipeg. This is its most competitive statistical feature, translating to exceptional outdoor privacy, space for additions like a deck or garden, and a long-term asset that is increasingly rare.
3. The home’s living area ranks lower than its lot. Is it too small?
At 1,039 sqft on the main floor, it is modest for the neighbourhood. However, the fully finished basement effectively doubles the usable living area, which isn’t always reflected in official square footage rankings. This makes the home more spacious than the main floor data alone suggests.
4. What do the community and street rankings tell me?
The rankings show the home is more exceptional for its land than for its structure within Roblin Park. It outperforms most city homes for lot size, but is more average within its own desirable community for features like living area and age. This often indicates a good-value entry point into a sought-after area.
5. How should I interpret the 2017 sale price versus the current assessment?
The home was purchased for $343,000 in 2017 and is now assessed at $394,000. This represents a reasonable, steady market increase over seven years, suggesting stable value growth without the volatility of a speculative boom, which can be a positive sign of sustainable equity.