Property Overview: 1652 Loudoun Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a distinctive, one-storey family home situated on an exceptionally large, private lot of approximately 2.5 acres in the Wilkes South neighborhood. Built in 2000, the 1,746 sqft residence features a finished basement, an attached garage, and a rare in-ground swimming pool. Its primary appeal lies in its extraordinary land size, which ranks in the top tier of all properties in Winnipeg, offering unparalleled space and potential for privacy, recreation, or expansion.
The home suits buyers seeking a suburban retreat with room to breathe, such as multi-generational families, those with pets, or anyone who values extensive outdoor space over a massive interior footprint. It’s a compelling option for buyers who find newer, large-lot properties otherwise unattainable, trading a more average home size for a truly exceptional parcel of land. The pool adds a premium recreational element, making it ideal for family summers. A thoughtful perspective: this property represents a long-term play on land value within the city, a finite asset that often appreciates independently of the structure itself.
Section 2: Frequently Asked Questions
1. What does the ranking data (e.g., "top 1% in Winnipeg") actually mean?
The rankings compare this property's specific metrics (like lot size or assessed value) against all other homes in its street, neighborhood, and city. For example, its lot size surpasses 99% of Winnipeg properties, highlighting its rarity, while its living area is more modest in comparison.
2. Is the large lot manageable, and what are the associated costs?
A 2.5-acre lot requires significant maintenance (lawn care, landscaping, snow clearing). Buyers should budget for specialized equipment or service contracts. Property taxes are also influenced by the high assessed value, which is driven largely by the land.
3. How does the in-ground pool impact insurance and utility costs?
Pool ownership increases annual maintenance, insurance premiums, and seasonal utility costs for heating and filtration. Ensuring it is properly permitted and meets current safety fencing codes is essential.
4. Who would this property not suit?
It may not suit those seeking a low-maintenance lifestyle, as the lot and pool require considerable upkeep. It might also be less ideal for buyers prioritizing a very large interior living space or a brand-new build, as the home itself is of average size and over two decades old.
5. The assessed value is significantly high. What does this indicate?
The $940,000 assessment, placing it in the top 1% city-wide, is primarily a reflection of the tremendous land value. It sets a baseline for property taxes but doesn't dictate market sale price, which will also factor in the home's condition, features, and current market dynamics.