Property Summary: 826 Pepperloaf Crescent
Key Characteristics & Appeal
This is a well-situated, fully developed one-storey home in Roblin Park, built in 1956. Its primary appeal lies in its generous, mature 7,497 sqft lot—a significant asset in a city setting—combined with the practicality of a finished basement and a versatile garage setup (attached + detached). The property shows notable strength in its lot size, ranking in the top 13% of all Winnipeg homes, offering substantial outdoor space and potential.
The home suits two main types of buyers: those seeking a move-in-ready bungalow with ample yard space for gardening, family play, or future projects; and value-conscious buyers or investors who recognize the underlying value in the land and the established neighborhood. Its appeal is more grounded in space and location than in modern finishes or square footage, as the living area is modest. A thoughtful perspective is that while the house itself is of average size and age for the area, its high percentile ranking for lot size suggests it is a standout property in terms of land, which is a finite resource. This makes it a prudent long-term hold in a stable community.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
It shows how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, ranking in the top 13% for lot size in Winnipeg means 87% of city homes sit on smaller lots, highlighting a key advantage of this property.
2. Is a 70-year-old home a concern?
While the age implies potential for older systems, it also often means character, mature landscaping, and established infrastructure. A thorough inspection is essential to understand the condition of the roof, wiring, plumbing, and foundation, and to budget for any updates.
3. Why is the assessed value higher than many nearby homes?
The assessment reflects the city's valuation for tax purposes, considering the lot size, finished basement, and overall property. Its ranking in the top 26% citywide for assessed value indicates the municipality views it as a above-average property for the market, likely driven by the desirable lot.
4. What are the benefits of having both an attached and detached garage?
This offers excellent flexibility. The attached garage provides convenient, direct access, while the detached space can be used for a workshop, vehicle overflow, or secure storage, effectively separating messy projects from the main garage.
5. The living space is 1,008 sqft. Will it feel cramped?
The finished basement effectively doubles the usable living area, providing crucial space for a family room, home office, or additional bedrooms. Combined with the very large yard, the overall living environment feels much more expansive than the main-floor square footage alone suggests.