Property Overview
This is a spacious condominium unit located at 10-301 Country Club Boulevard in Winnipeg's Kirkfield neighbourhood. Built in 1988, it stands out primarily for its exceptionally generous living space of 2,713 square feet, which places it among the top 1% of homes citywide by size. While its assessed value is modest relative to its street, it is considered elite (top 1%) when compared to all Winnipeg properties. This creates a unique value proposition: a very large home with a relatively lower property tax burden for its size. The unit last sold in August 2020.
Key Characteristics & Appeal
The defining characteristic of this property is its scale. With over 2,700 square feet, it offers the living area of a large detached house within a condominium setting. This is exceptionally rare and is its primary appeal. The unit suits buyers who prioritize abundant interior space—such as multi-generational families, those who work extensively from home, or collectors who need room for hobbies—but who want to avoid the exterior maintenance of a house. Its location on Country Club Boulevard in Kirkfield suggests a stable, established area.
A thoughtful perspective is that this property represents a specific trade-off. You are acquiring elite square footage at a non-elite assessed value. This could be ideal for cost-of-living management, but it's important to investigate the condominium corporation's financial health and reserve fund, as major repairs in an older, large building could lead to significant special levies. It would suit a pragmatic buyer who values space over prestige and is diligent about reviewing condo documents.
Frequently Asked Questions
1. Is this really a condo? It's larger than most houses.
Yes. It is a condominium unit, meaning you own the interior space and a share of the common elements. The extraordinary living area is what makes this property so unique compared to typical condos.
2. Why is the assessed value so much lower than you'd expect for such a large home?
Property assessments are based on a mass appraisal system comparing similar properties. While its size is elite citywide, its assessed value is benchmarked more closely against other units on its street and in its immediate area, where values may be comparatively modest.
3. What should I investigate regarding the condo corporation?
Given the building's age (1988) and the unit's large share of the overall building, it is crucial to review the Status Certificate. Pay close attention to the reserve fund study, any planned major projects (like roofing, windows, or balconies), and the history of special levies or condo fee increases.
4. How does the 2020 sale price relate to today's value?
The 2020 sale price provides a historical data point, but market conditions have changed. Its current value will be influenced by recent sales of comparable properties, the current state of the condo corporation, and present market trends. A current appraisal or comparative market analysis is necessary.
5. Are all the units in the building this large?
The data suggests not. The unit ranks 5th largest of 16 on its street, indicating a mix of sizes within the complex. This unit is among the largest, if not the largest, in the immediate building group.