Property Overview & Key Characteristics
This property is a classic two-storey home in Winnipeg's Wilkes South neighbourhood, built in 1979. Its most defining feature is the exceptionally large lot of over 65,000 square feet, which places it in the top 1% of properties in Winnipeg for land size. The house itself offers 1,596 sqft of living space with an unfinished basement and an attached garage.
The primary appeal lies in its extraordinary outdoor space. This isn't just a large yard; it's a canvas with immense potential for gardening, recreation, or future expansion. While the home's interior metrics and assessed value rank more modestly within its immediate area, the lot offers a rare opportunity for a buyer who prioritizes land over a turnkey, modernized home. It would suit a buyer looking for a long-term project—someone who values privacy and space above all and is prepared to invest in updates to the existing structure over time. It's also a compelling option for multigenerational families or those with a vision for significant outdoor amenities, where the land itself is the main asset.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
Being in the top 1% for lot size in Winnipeg means this property has more land than 99% of homes in the city. It's an exceptionally rare find in an established neighbourhood.
2. The home's rankings for size and value in its own community seem low. Why is that?
The rankings compare this specific home to all others in Wilkes South. The data suggests that while the lot is enormous, the house itself is more modest in scale and assessed value compared to many neighbours. This indicates the property's value is heavily weighted toward the land.
3. Is the unfinished basement a drawback?
It depends on the buyer's goals. It's a drawback for those seeking immediate, finished living space. However, it represents potential and a blank slate for customization, allowing a new owner to design it to their specific needs without undoing previous work.
4. What should a buyer consider given the 1979 build year?
A home of this age will likely require a thorough inspection. Key systems like roofing, windows, plumbing, and electrical may be nearing or past their typical lifespan, so budgeting for updates or repairs should be part of the purchase plan.
5. Who would this property not be ideal for?
It may not suit first-time buyers or those seeking a low-maintenance, move-in-ready home. The combination of an older house on a very large lot implies a commitment to both interior upkeep and substantial exterior maintenance or landscaping.