Property Overview
This two-storey home on a large, private lot in Assiniboia Downs presents a rare combination of space, recreation, and established prestige. Built in 2008, it offers modern construction within a mature, sought-after neighbourhood. The key appeal lies in its exceptional privacy and resort-style amenities, notably the in-ground pool and over half an acre of land—a rarity within Winnipeg that ranks in the top 1% of the city for lot size. With a renovated basement, attached garage, and over 3,150 sqft of living space, it is designed for both expansive family living and sophisticated entertaining. Its consistent ranking in the top tier of its street, neighbourhood, and city for value and size underscores its standout status.
This property is ideally suited for buyers seeking a turnkey family compound where outdoor living is a priority, or for those who value a high degree of seclusion without sacrificing proximity to city amenities. It would also resonate with value-conscious purchasers who recognize the long-term worth of owning one of the largest and most distinctive lots in the area, a feature that is increasingly difficult to find.
Frequently Asked Questions
1. How does the lot size compare to a typical city property?
At 25,673 sqft (over half an acre), this lot is exceptionally large. For context, it ranks in the top 1% of all residential properties in Winnipeg for land area, offering a level of privacy and outdoor space that is uncommon.
2. The home was last sold in 2022. What does the price history indicate?
The sold price in August 2022 was $1,127,500. Prior to that, it sold for $1,050,000 in October 2019. This history suggests a stable and strong market value in the prestigious segment, with a steady upward trajectory over that period.
3. Is the pool a major factor in the property's value and upkeep?
Yes, the in-ground pool is a significant recreational feature that enhances the luxury, resort-like appeal. Prospective buyers should factor in the ongoing maintenance, seasonal opening/closing costs, and insurance considerations that accompany a private pool.
4. The assessed value is notably lower than the last sale price. Why is that?
Municipal assessed value for tax purposes is not intended to reflect current market value. It is often calculated using mass appraisal techniques and can lag behind rapid market shifts. The recent sale price is a more accurate indicator of the home's market worth.
5. What is the neighbourhood character, given the mix of older and newer homes nearby?
The reference properties show a range of home ages and sizes in surrounding areas, but this specific street and cul-de-sac setting feature larger, more contemporary homes. This suggests a premium pocket within the broader area, offering a cohesive and established feel of luxury family living.