Property Overview
This two-storey home on Douglas Park Road in Bruce Park is defined by its impressive scale and established character. Built in 1927, its key appeal lies in its exceptionally generous living space of over 3,200 square feet, which ranks in the top 1-2% for the neighbourhood and city. The property sits on a large, nearly 10,000 sqft lot, which is above average for Winnipeg but more modest compared to other large homes on its own street. This creates a unique dynamic: the house itself is a standout for its size, while the land offers solid potential in a highly regarded area. It features an attached garage and an unrenovated basement.
Its value proposition is clear for a specific buyer. It perfectly suits someone looking for a large, classic home in a mature neighbourhood, who values ample indoor space over having the largest yard on the block. It’s an ideal project for buyers with renovation plans, as the basement and likely other areas present a canvas to modernize while benefiting from the irreplaceable foundation of generous rooms and a prime location. The high assessed value relative to its last sale price in 2016 suggests significant appreciation and a solid investment in a stable, desirable part of the city.
Frequently Asked Questions
1. Is the house in original condition?
While the listing doesn’t detail specific finishes, the note of an unrenovated basement and the home’s age suggest much of the property likely retains its original character. Buyers should anticipate projects to modernize systems, kitchens, or bathrooms to match contemporary standards.
2. Why is the lot size described differently?
The lot is large by city and neighbourhood standards (top 11% in Bruce Park). However, on Douglas Park Road itself, many properties are even larger estates. This means you get a very sizable yard compared to most of Winnipeg, but not necessarily the most land on that specific street.
3. Who is this house not well-suited for?
It may not suit buyers seeking a low-maintenance, turn-key modern home or those wanting the absolute largest lot in the area. The scale also implies higher utility costs and maintenance typical of a home of this size and era.
4. What does the high assessed value indicate?
A high assessed value relative to nearby averages typically reflects the property’s substantial physical attributes (size, location, building type) in the eyes of the municipal assessor. It often correlates with a higher market value and property taxes, but is a strong indicator of the home’s standing as a premium asset in its area.
5. Is the generous living space spread over multiple floors?
As a two-storey home, the over 3,200 sqft of living area is distributed across two main floors, plus the basement. This is important to consider for layout preferences versus a sprawling bungalow, and may mean more stairs but also better-defined separation between living and sleeping areas.