This is a unique offering defined by its expansive, mature lot in the established Marlton neighbourhood. The primary appeal lies in the exceptional 20,670 sqft property—a rare, large parcel of land that ranks in the top 1% for size across Winnipeg. The home itself is a modest, 840 sqft one-storey bungalow built in 1944, featuring a finished basement. Its rankings indicate it is a property of contrasts: while the living space is quite compact and the structure itself is older than most in the immediate area, the land holding is extraordinarily generous for the city.
This property would best suit a specific type of buyer. It's ideal for someone with a long-term vision who values land and location over immediate move-in condition and size. It could appeal to a downsizer seeking a manageable home with immense outdoor space for gardening, a buyer planning a future custom build, or an investor recognizing the underlying value of the lot. The appeal is not in the home's current specifications, but in the potential and privacy afforded by its sizable, well-ranked lot in a mature community.
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What does the "finished basement" entail?
Given the home's age and modest main floor square footage, understanding the finish quality, ceiling height, and legal egress in the basement is crucial, as it likely represents a significant portion of the functional living space.
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Are there any development restrictions or protections on the lot?
With such a large lot in an older neighbourhood, it's important to verify if there are any easements, environmental protections, or zoning bylaws that would affect potential future uses, expansions, or subdivision.
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How does the assessment value relate to the asking price?
The property's assessed value is noted as $279,000. A buyer will want to understand the current listing price in this context and research recent sales of similar large-lot properties to gauge market value.
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What are the immediate maintenance priorities for a home of this age?
A built-in 1944 home will require a thorough inspection. Key focuses should be the foundation, roof, plumbing, electrical systems, and insulation to understand upcoming capital costs.
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What is the neighbourhood character and typical buyer profile?
Marlton is an established area. Understanding the mix of long-term residents, renovation activity, and the pace of property turnover can provide insight into the community's stability and future direction.