Property Overview
This 2002-built, single-storey home on Loudoun Road is defined by its exceptionally large, 2.5-acre lot (109,002 sqft), which places it among the largest private land holdings in Winnipeg. The house itself offers 1,577 sqft of living space with a finished basement and a combined attached/detached garage setup. Its appeal is squarely rooted in land value and privacy, offering a rare rural-like setting within the city. The property ranks in the top tier city-wide for lot size and assessed value, but the home's footprint is more modest relative to its land.
It would perfectly suit buyers whose priority is space, outdoor potential, and long-term asset value over immediate square footage. This is ideal for someone seeking room for gardens, workshops, or future expansion, or who simply values immense private outdoor space. It's a trade-off: you're acquiring a premier parcel of land with a functional, newer bungalow, rather than a maximized mansion.
Key Questions for Consideration
1. What does the "finished basement" include?
The listing confirms a finished basement but not the extent. It's important to clarify the finish quality, ceiling height, number of rooms, and whether it includes a separate entrance or bathroom.
2. How is the property zoned, and what are the implications?
A lot of this size may have unique zoning. Understanding this is crucial for any future plans, such as building additional structures, subdividing the land, or running a home-based business.
3. What are the annual property tax and utility costs?
With a high assessed value and large lot, property taxes will be significant. Utilities for heating and maintaining a one-storey home on a large property should also be budgeted for.
4. What is the condition of the detached garage and other outbuildings?
The presence of both attached and detached garages is a notable feature. Their size, condition, and utility (e.g., wired for power, insulated) greatly affect their value for storage, hobbies, or vehicles.
5. Why is the home's living area ranking lower than the land ranking?
This highlights the property's unique proposition. The rankings show the house itself is comfortable but not oversized for the neighborhood, confirming that the premium is for the land. It's a signal to ensure the interior layout and size genuinely meet your daily living needs.