Property Overview
This is a substantial 2005-built two-storey home situated on an exceptionally large, five-acre lot in Winnipeg's Wilkes South neighbourhood. Its primary appeal lies in the rare combination of generous interior space and expansive, private outdoor land within the city. The home itself offers over 3,100 sqft of living space, an unfinished basement for future customization, an attached garage, and a swimming pool. The property ranks in the top tier locally for its lot size, living area, and assessed value, indicating its standout nature in the market. It would perfectly suit a buyer looking for a true "country estate" feel without leaving the city—ideal for those who value privacy, space for hobbies, gardening, or animals, and who have the vision to potentially finish the basement to their own specifications. A less obvious perspective is the long-term value of the undeveloped basement; it represents both a project and an opportunity to add significant personalized equity without the need for an addition.
Frequently Asked Questions
1. What does the lot size actually allow for?
At just over five acres (220,007 sqft), the property offers exceptional privacy and space. This allows for extensive landscaping, recreational activities, gardening, or the potential for auxiliary structures (subject to local bylaws), providing a lifestyle typically found in rural settings.
2. Is the pool an asset or a liability?
This depends on the buyer. It's a great private recreational feature for a family. However, buyers should factor in the ongoing maintenance, seasonal opening/closing costs, and insurance considerations that come with pool ownership.
3. The basement is unfinished. What should I consider?
This is a key blank canvas. It adds significant potential square footage but requires a planned investment to finish. It allows a new owner to create exactly what they need—a massive recreation room, home theatre, additional bedrooms, or a separate suite—without paying a premium for someone else's completed work.
4. How do the "rankings" work?
The rankings compare this property against others on its street, in Wilkes South, and across all of Winnipeg. For example, ranking in the "top 0%" for lot size in Winnipeg means it is among the very largest residential parcels in the city, highlighting its rarity.
5. The home is 21 years old. What might need attention?
While not an old home, a 2005 build is now at an age where some original components may be nearing the end of their service life. A thorough inspection is advised to assess the condition of the roof, major systems (HVAC, water heater), and exterior finishes to plan for any upcoming updates or maintenance.