1350 Charleswood Road – Property Summary
Key Characteristics & Buyer Profile
This property stands out for its exceptionally large land area and recent construction relative to the surrounding market. The home sits on 139,102 sqft of land—ranking in the top 1% citywide in Winnipeg and top 6% on its own street, where the average lot is roughly 40,700 sqft. Built in 2011, it is also newer than 96% of homes on Charleswood Road and top 10% across the city. The living area is 2,020 sqft, placing it above the street and city averages but close to the neighbourhood median.
The assessed value of $837,000 reflects a strong premium over the street average ($511,100) but sits slightly below the Wilkes South neighbourhood average ($968,900). This suggests the home offers newer construction and a very large lot at a price that is not yet at the top of the local market, likely due to the living area being modest relative to the lot size.
Appeal & Buyer Type: This property will suit buyers who prioritize land—space for gardens, outbuildings, privacy, or future expansion—over a maximized interior footprint. It may also appeal to those who want a relatively new home without paying for a newly built house in a denser subdivision. Because the lot is in the top 1% citywide, the appeal is niche: someone looking for semi-rural space within city limits, or a buyer who sees long-term land value potential. It is less suited to someone wanting a turnkey large home in a uniform subdivision.
Five Frequently Asked Questions
1. Why is the assessed value lower than the neighbourhood average when the lot is so large?
The neighbourhood average ($968,900) includes homes with much larger living areas or more valuable locations within Wilkes South. This home’s living area (2,020 sqft) is below the neighbourhood average (2,399 sqft), so the overall assessment balances a very large lot against a moderately sized house.
2. Does the land area include any unusable or protected areas?
The raw figure of 139,102 sqft includes the entire parcel. You would need to check the property title and any local zoning or conservation restrictions to understand how much of the lot is buildable, treed, or subject to setbacks.
3. How does the 2011 build compare to other homes in the area for maintenance?
A 2011 home is relatively new by Winnipeg standards (top 10% citywide). Most major systems—roof, mechanicals, foundation—are likely in good condition, but it is old enough that a home inspection should still be standard. In a neighbourhood with older homes, this one avoids many deferred-maintenance concerns common to pre-1980s construction.
4. Is the living area considered small for a lot this size?
Yes. A 2,020 sqft home on nearly 3.2 acres is an unusual ratio. Many buyers in this price bracket expect a larger floor plan. This property is better suited to someone who values outdoor space over interior square footage, or who may plan to renovate or build an addition in the future.
5. How does the street ranking for value compare to the city ranking?
On Charleswood Road, the home ranks in the top 9% for assessed value—well above the street average. Citywide, it ranks in the top 2%. This indicates the home is a high-value property in both its immediate and broader context, but the street-level ranking suggests it is not the most expensive house on its block, leaving some headroom in relative terms.