Property Overview & Key Characteristics
This property is defined by its exceptional land size and solid, established presence. Situated on an 82,013 sqft lot—a rare urban holding that places it in the top 1% of all Winnipeg properties by land area—it offers immense space and privacy. The 1,756 sqft, one-and-a-half storey home, built in 1971, features a finished basement and an attached garage. While the house itself is of a comfortable size and ranks well above average city-wide, its age is reflected in its community rankings, positioning it as a classic, well-maintained structure rather than a modern build.
The primary appeal lies in the unparalleled potential of the land itself. This isn't just a yard; it's a canvas for extensive gardens, recreational space, or future expansion. The high assessment value suggests the property is a significant asset. It would perfectly suit a buyer who values space over flashy updates—someone looking for a peaceful retreat within the city, a multi-generational family needing room to spread out, or a visionary buyer who sees the long-term value in securing such a large parcel of land. It’s a property for those who measure value in acreage and possibility, not just square footage and recent renovations.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in its neighbourhood (Wilkes South), and across all of Winnipeg. For example, being in the top 1% for land size in Winnipeg highlights just how rare a lot of this scale is. The varying rankings for age and living area give a balanced picture of where the property excels and where it is more typical for its immediate area.
2. Is the house in need of major updates?
Built in 1971, the home is over 50 years old. Its rankings show it is among the older homes in its specific street and community. Prospective buyers should budget for updates consistent with a home of this vintage, though the presence of a finished basement indicates some level of modernization.
3. How can the large lot be utilized?
The nearly 1.9-acre lot offers rare opportunities for urban gardening, installing sport courts or a pool, keeping pets, or simply enjoying vast private green space. It also represents significant future potential, subject to local zoning bylaws.
4. Who determines the assessed value, and is it accurate?
The assessment of $709,000 is set by the municipal authority for taxation purposes. It is a formal estimate of the property's market value as of a specific date and is a strong indicator of its worth, especially given it places the property in the top 3% city-wide.
5. What is a "One & 1/2 Storey" design?
This common architectural style typically features a main floor with full-height ceilings and a second floor with sloping ceilings where the roofline descends, often creating cozy bedrooms or unique spaces. It offers more character and space than a bungalow but with a different layout than a full two-storey home.