Property Overview
This 1930s two-storey home in Armstrong Point is defined by its generous 8,271 sqft lot, a rare and valuable asset in the city. The house itself offers a comfortable 2,134 sqft of living space. Its appeal lies in a classic combination of established character and significant potential. The property sits on a large, private parcel in a historic and tranquil neighbourhood, offering a sense of retreat while being close to the city's core. The detached garage and existing basement provide functional space and future opportunity. This home would best suit a buyer who values location and land size over immediate move-in perfection—someone with a vision for gradual updates or an appreciation for the authentic charm of a well-situated older home, comfortable with a project.
Key Details & Questions
What are the key features of this property?
The defining characteristic is the exceptionally large lot, placing it in the top 10% for land size in Winnipeg. The home is a character property from 1930 with good-sized living areas, a detached garage, and an unrenovated basement. It is located in the quiet, tree-lined Armstrong Point neighbourhood.
What is the condition of the home?
The listing notes the basement is "not renovated," suggesting the home may require updates or modernization. It presents as a solid, classic property that has been maintained but likely needs cosmetic or functional improvements to align with contemporary tastes.
Who would this property be ideal for?
It's an excellent match for buyers seeking a prime location with ample outdoor space. It suits those looking for a character home they can personalize over time, or who prioritize lot size and neighbourhood prestige over a fully renovated interior. It may also appeal to those interested in heritage areas.
How does its value compare to the area?
With an assessed value of $540,000, it ranks in the top 18% of its street and neighbourhood, indicating it is considered a higher-value property in the area. This is likely driven by its substantial lot size and desirable location.
What should a potential buyer consider?
Prospective buyers should budget for potential updates, obtain a thorough inspection due to the home's age, and investigate any heritage district guidelines that might apply in Armstrong Point. The value proposition here is the land and location, with the house offering a functional starting point.