Property Overview
This 1974 bi-level home at 75 Royalgate Road presents a unique blend of space, privacy, and established charm. Its most defining feature is the expansive 11,369 sqft lot, placing it in the top tier of properties locally for land size. The home itself includes a finished basement, an in-ground pool, and an attached garage. While the 1,252 sqft living area is modest relative to the lot, the property's overall assessed value ranks highly within Winnipeg, indicating solid underlying value. Its appeal lies in the rare opportunity for a private, resort-like backyard in the city—ideal for gardening, entertaining, or future expansion. This home would suit buyers who prioritize outdoor space and privacy over a large interior footprint, from families seeking a summer oasis to those with long-term vision for the generous grounds.
Key Details & Considerations
- Key Characteristics: A bi-level on an exceptionally large, private lot (over 1/4 acre) with a finished basement, in-ground pool, and attached garage. The home is over 50 years old, suggesting potential for updates, but boasts strong value rankings for its lot and assessment.
- Primary Appeal: Uncommon land size offering privacy and potential. The pool and finished basement add immediate recreational and functional living space.
- Ideal Buyer: Best suited for buyers who value expansive outdoor living, entertain frequently, or see potential in the land itself. It's a fit for those comfortable with a home of vintage character who view the lot as a primary asset.
Frequently Asked Questions
1. How does the home's age affect this purchase?
Built in 1974, the home is well-established with mature landscaping. Buyers should budget for updates to mechanical systems, windows, or interior finishes common for the era, while appreciating the character and settled nature of the property.
2. Is the pool a benefit or a burden?
It's a major lifestyle amenity for summer enjoyment and entertaining, but requires seasonal maintenance, carries ongoing costs, and influences insurance. It's a key feature for the right buyer.
3. The living space seems smaller than the lot size suggests. Why?
This is a key point. The home's footprint is modest relative to its land. This creates a "blank canvas" feel for the outdoors but means interior space is efficient. It's ideal for those who live and entertain outside.
4. What do the high rankings for lot size and value actually mean?
They objectively show this property is among the top 4% in Winnipeg for lot size and top 16% for assessed value. This indicates a premium, scarce asset in the land itself, which is a strong foundation for long-term value.
5. Who might this property NOT suit?
Buyers seeking a large, modern interior with minimal upkeep or those unused to maintaining a large yard and pool may find the responsibilities outweigh the benefits. It's for those who view the outdoor space as an active part of their lifestyle.