Property Summary: 7 Sanctuary Road, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in the Roblin Park neighborhood, built in 1985. It sits on a large, nearly 10,000 sqft lot and offers 1,948 sqft of finished living space, including a developed basement. The home features an attached garage.
Its primary appeal lies in its generous proportions, both indoors and out, which are increasingly rare in newer subdivisions. The data reveals a compelling perspective: while the home is of average size for its immediate street, it ranks within the top 15% for size within its wider community and the top 11% across all of Winnipeg, indicating it offers more space than most local options. Furthermore, its recent sale price significantly surpassed its assessed value, suggesting strong market recognition of its worth.
This property would perfectly suit buyers looking for established character, ample room for a family to grow or entertain, and a desire for a sizable yard. It’s ideal for those who prioritize space over a brand-new build and appreciate a home with a proven history in a mature neighborhood.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home excels in lot size and living space compared to most of Winnipeg and the Roblin Park community. It ranks higher for square footage than for its assessed value, which can indicate a perceived value opportunity.
2. Is the neighborhood considered desirable?
The data shows homes in Roblin Park, including this one, often sell for well above their assessed values—a common indicator of a desirable, competitive market where buyers are willing to pay a premium.
3. What does the sale price being higher than the assessed value mean?
It typically reflects strong buyer demand for this specific property or its features. It’s a market-driven price, whereas the assessment is a valuation for taxation purposes, often lagging behind rapid market shifts.
4. Are there any concerns with a home of this age?
Built in 1985, major components like the roof, windows, and mechanical systems may be nearing or due for updates. A thorough inspection is advised to budget for any necessary modernizations.
5. What is the potential for future value?
The combination of a large lot in a mature neighborhood and a home with above-average living space provides a solid foundation. Value growth will be influenced by broader market trends and any future updates made to the property.