Property Overview & Key Characteristics
This one-storey home on Norris Road in Kil-Cona Park is defined by its exceptionally large lot, measuring over 500,000 square feet (approximately 11.5 acres). Built in 1975, the 1,740 sqft house features a renovated basement and a detached garage. Its primary appeal lies not just in the renovated living space, but in the immense potential of the land itself, which ranks in the top 1% for size within the neighbourhood. The property’s assessed value of $650k places it in the top 5% of Winnipeg, indicating a premium valuation driven by the land.
This home would suit a specific buyer: someone with a vision for utilizing extensive outdoor space, whether for privacy, hobbies, gardening, or future development. It’s also a strong match for buyers looking for a property with significant equity in the land itself, in a mature neighbourhood. The size of the lot offers a rare opportunity within the city that typical suburban lots cannot match.
Frequently Asked Questions
1. What does the lot size actually allow for?
At over 11 acres, the lot is unusually large for a city property. This opens possibilities far beyond a standard yard, such as extensive gardening, recreational space, or keeping hobby animals, subject to local bylaws. It provides a level of privacy and scope that is very uncommon in Winnipeg.
2. How does the age of the home (1975) factor in?
While the home itself is 51 years old, the renovated basement is a key update. Buyers should focus on the condition of major systems (roof, plumbing, electrical, foundation) common to homes of this era, as the value here is significantly weighted toward the land.
3. The assessed value seems high compared to nearby listings. Why?
The $650k assessment reflects the property’s formal valuation for tax purposes, heavily influenced by the immense lot size. It’s important to compare this to the actual listing price and recent sales of similar large-lot properties, not just standard homes in the area.
4. What is the neighbourhood like?
Kil-Cona Park is a mature neighbourhood. The property ranks in the top 1% for lot size here, meaning it is an outlier in terms of space. The street itself ranks highly for lot size, suggesting a consistent, spacious feel among immediate neighbours.
5. Who would this property not suit?
It may not suit buyers seeking a modern, low-maintenance home on a standard lot. The acreage requires upkeep, and the home’s layout and style are typical of its build era. It’s best for those who see the land as the primary asset and are comfortable with the responsibilities that come with it.