1360 Charleswood Road – Property Summary
Key Characteristics & Buyer Profile
This property stands out most for its land and value positioning. The lot measures 139,021 square feet—placing it in the top 1% citywide in Winnipeg, where the average comparable lot is just 6,570 sqft. It’s not just large relative to the city; even within the Wilkes South neighbourhood, where larger parcels are more common (average 136,915 sqft), this property still ranks in the top quarter.
The house itself is 1,732 sqft, which is above average for both its street and the city, though slightly below the neighbourhood average of 2,399 sqft. This suggests a home that is spacious but not oversized relative to its lot—an unusual combination that gives the buyer room to expand or simply enjoy space around the house.
Built in 2013, it is among the newest homes on Charleswood Road (top 3%) and well above the neighbourhood average year of 1996. Structurally, that means newer systems, roof, and likely better energy performance than most nearby homes.
The assessed value of $874,000 is high for the street (top 7%, where the average is $511k) but sits roughly at the neighbourhood average of $968k. Citywide, it ranks in the top 2%—a clear signal this is a premium property by Winnipeg standards.
Who it suits: Buyers looking for a modern home on an exceptionally large lot in an established neighbourhood, without paying a premium within that neighbourhood. It may appeal to someone who values land as an asset—gardening, privacy, future development potential, or simply not being on top of neighbours. It’s less suited for someone who wants a maximally updated interior or turnkey luxury finishings, as the living area is modest relative to the lot and the assessed value suggests the land is doing much of the heavy lifting.
Frequently Asked Questions
1. Why is the assessed value high for the street but average for the neighbourhood?
The street (Charleswood Road) has mostly older, smaller homes with lower valuations. This property is newer and sits on a much larger lot, so it outranks nearby homes. But the broader Wilkes South neighbourhood includes many other large-lot, high-value properties, so it blends in at that level.
2. Is the living area considered small for a property of this value?
Not necessarily small, but it’s modest compared to the lot size. Citywide, 1,732 sqft is above average. The home is better described as comfortably sized rather than sprawling. For buyers who prioritize land and outdoor space over indoor square footage, this creates a rare opportunity.
3. What can you do with a 3+ acre lot in this area?
That depends on zoning and local regulations, which aren’t included in the data provided. Common possibilities include gardening, outbuildings, a workshop, or simply maintaining privacy. The lot size also offers flexibility for future subdivision, though that would require city approval and likely rezoning.
4. How does the year built affect maintenance expectations?
Built in 2013, the home is roughly 12 years old as of 2025. Major systems—roof, HVAC, windows—are still within their expected lifespan. Immediate maintenance costs should be low compared to a home from the 1970s or earlier. However, appliances and finishes from that era may begin showing wear within the next few years.
5. Does the neighbourhood ranking (top 74% for living area) mean the house feels cramped?
No. That ranking simply means many nearby homes have larger floor plans. The house itself is above average for both its street and the city. The neighbourhood average is higher because Wilkes South has several very large homes. The actual living space here is adequate for most households.