Property Summary: 5643 Rannock Avenue
Key Characteristics & Appeal
This is a classic, well-situated one-storey home in Betsworth, built in 1960. Its defining feature is an exceptionally large, private lot of over 22,000 square feet, placing it in the top 1% of properties by land size in Winnipeg. The home itself offers 1,143 sqft of living space with a finished basement and a detached garage. While the house is of average size for its area and its construction era places it among the older homes in the neighbourhood, its immense lot provides a rare canvas for outdoor living, gardening, or future expansion. The property’s assessed value ranks highly, suggesting strong underlying land value.
The appeal lies in the balance of a solid, functional home on a truly standout piece of land. It suits buyers looking for space and privacy within the city—ideal for families wanting room for children and pets to play, gardening enthusiasts, or those with long-term vision who may value the potential the lot offers. It’s a property where the land is the primary asset, offering a lifestyle of space that is increasingly difficult to find.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in its community, and across all of Winnipeg for specific metrics. For example, being in the "top 1%" for land size in Winnipeg means its lot is larger than 99% of other properties.
2. The house is noted as older. What should I consider?
Built in 1960, the home's systems (like plumbing, electrical, and the roof) may be original or have been updated over time. A thorough inspection is recommended to understand the condition and any potential maintenance needs, which is typical for homes of this vintage.
3. How does the large lot impact costs and maintenance?
While offering great privacy and space, a lot of this size requires more time or investment for landscaping, lawn care, and snow clearing. Property taxes are also influenced by the high assessed value, which is driven significantly by the land.
4. Is the finished basement included in the 1,143 sqft living area?
Typically, the listed "living area" refers to above-ground, finished space. The finished basement is an additional area, providing extra functional rooms but not usually counted in the official square footage for the main floor.
5. What is the potential here for someone not planning to rebuild?
Beyond the possibility of an addition, the lot allows for creating distinct outdoor "rooms"—like a spacious patio, a vegetable garden, a workshop shed, or a recreational sports area—without sacrificing yard space. It offers a unique sense of openness and permanence in an urban setting.