Property Overview
This 1968 one-storey home in Roblin Park offers a distinct blend of space, location, and potential. Its primary appeal lies in its exceptionally large, 10,132 sqft lot—a rare find that places it in the top 6% of all properties in Winnipeg for land size. The home itself is a manageable 1,082 sqft bungalow with a finished basement, presenting a solid foundation. While the interior and assessed value are more modest relative to the lot, this creates a clear opportunity: the property is ideally suited for buyers who value future potential and outdoor space over immediate luxury. It would perfectly match a growing family seeking room for children and gardens, a long-term owner looking to gradually renovate and add value, or an investor recognizing the underlying value of the land in a well-established neighborhood.
Key Details & FAQs
Key Characteristics:
- Land & Space: The standout feature is the massive, flat lot (over 1/4 acre), offering immense privacy and potential for expansion, gardening, or recreation.
- Home Basics: A 1,082 sqft bungalow with a finished basement, built in 1968. It provides single-level living and a blank canvas for updates.
- Location & Context: Situated in the established Roblin Park neighborhood. The home's assessed value is on the lower end for its street and community, suggesting it may be a value proposition in a desirable area.
- Ideal Buyer: Best for buyers seeking a long-term home with room to grow, who are comfortable with a property where the land is the leading asset and the house may require personalization or updates over time.
Frequently Asked Questions:
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Roblin Park, and across all of Winnipeg. For example, its land size is better than 94% of Winnipeg homes, while its assessed value is lower than 90% of homes on its own street, highlighting the land value versus the current improvement value.
2. Is the lot truly usable, or is it an odd shape?
While the listing confirms the size, it's always wise to verify the lot dimensions and zoning (R1) to understand buildable area, setback rules, and any potential for future subdivision or additions.
3. What are the implications of a 1968 build date?
Homes from this era may have original mechanical systems (like plumbing and electrical) that are functional but nearing the end of their service life. A thorough inspection is crucial to budget for potential updates.
4. There's no garage. Can one be built?
Given the vast lot size, adding a garage or a large workshop is likely very feasible, subject to local zoning bylaws and permit approvals. This is a major opportunity for a buyer needing vehicle storage or hobby space.
5. Why is the assessed value relatively low for the area?
The assessment reflects the property's current state as perceived by the assessor. A lower assessment relative to neighbors can indicate an opportunity to add significant value through renovations and modernization, which would be reflected in future assessments.