1800 McCreary Road is a unique bi-level home situated on an exceptionally large, 2.5-acre lot in Winnipeg's Wilkes South neighbourhood. Built in 1973, the 1,036 sqft home features a finished basement and an attached garage. Its standout characteristic is the vast, 109,857 sqft property, which ranks in the top tier for land size across the entire city. While the house itself is modest in size and of average age for the area, the appeal lies squarely in the unparalleled potential of the land. This property would perfectly suit a buyer looking for space, privacy, and room to grow—whether that means expansive gardens, recreational space, or future expansion. It's also a compelling option for an investor or builder who sees value in the lot itself, as the land significantly outranks the current dwelling in terms of city-wide assessment value.
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What does the high city-wide assessment ranking mean?
The assessment value ranks higher than 94% of Winnipeg homes, suggesting the municipal valuation is driven significantly by the rare, large lot rather than the existing structure.
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Is the land usable as-is, or are there restrictions?
With over 2.5 acres, understanding zoning bylaws is crucial. Prospective buyers should investigate if the land can be subdivided, what types of outbuildings are permitted, and if any portions are environmentally protected.
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How does the house's condition match its age?
As a 53-year-old home, the state of major systems (roof, foundation, plumbing, electrical) and the quality of the basement finish will be key factors in determining immediate living costs versus future investment.
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What is the balance between privacy and convenience here?
The property offers remarkable privacy and space, but buyers should weigh this against the home's smaller living area and consider their commute, as Wilkes South is a residential community on the city's edge.
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Why is the home's value ranking so different from the land's?
The rankings reveal a clear story: the lot is among the largest in Winnipeg, but the house is smaller and older than most in its immediate area. This disconnect highlights a property where the land is the primary asset, presenting both an opportunity and a project.