Property Overview
This 1946-built bungalow at 766 Pepperloaf Crescent offers a distinct proposition. Its primary appeal lies in the combination of a very large, 11,225 sqft lot in the established Roblin Park area with a modest, 720 sqft main-floor living footprint. The home features a finished basement and a detached garage. Its competitive rankings are striking: the property size places it in the top 4% of all Winnipeg lots, a significant asset, while the smaller home size and older build date reflect its position as a land-value opportunity. This property would perfectly suit a buyer looking for a solid entry point into a mature neighbourhood with incredible outdoor space, or an investor/renovator who sees potential in the existing structure and unparalleled lot size. It’s less suited for those seeking immediate move-in luxury or maximum interior square footage.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
Being in the top 4% for lot size in Winnipeg means this is a genuinely oversized parcel, a rare find in the city. It offers exceptional privacy, space for gardens, play areas, or future additions that most properties cannot accommodate.
2. The home is small and older. What are the implications?
The 720 sqft main floor suggests a cozy, efficient layout. The 1946 build date means systems (roof, wiring, plumbing) should be carefully inspected, as many may have been updated over time. The value here is fundamentally in the land and location, with the house offering functional living space.
3. How should I interpret the conflicting rankings?
The rankings tell the story: you are purchasing a premium-sized lot (top 4%) that happens to have a smaller, older home on it (which ranks lower for size and age). This disparity is often where opportunity lies, allowing you to add value through updates, an addition, or simply by enjoying the expansive yard.
4. What is the neighbourhood like?
Roblin Park is a long-established, stable neighbourhood in Winnipeg. Its maturity means tree-lined streets and settled communities, but it also means homes vary widely in age and style. The high lot-size ranking within the community itself confirms this is a standout property even in this desirable area.
5. Is the finished basement included in the 720 sqft living area?
No, typically the 720 sqft refers to the above-ground, main-floor living area. The finished basement provides additional usable space, but its square footage is separate and adds to the overall functional space of the home.