Property Overview & Key Characteristics
This is a unique property defined by its substantial, mature lot and a well-maintained home with clear generational history. Its primary appeal lies in the exceptional 24,065 sqft lot, placing it in the top 1% of properties in Winnipeg for land size. This offers immense potential for gardening, recreation, or future expansion. The home itself is a 1,784 sqft bi-level with a finished basement, built in 1945, and ranks above average in its immediate area for living space.
The property suits two distinct buyer types. First, it's ideal for a hands-on buyer or family seeking a private, park-like setting within the city—a rare opportunity to own a piece of land with room to grow. Second, it appeals to a value-conscious buyer who sees the long-term potential in the land itself, understanding that the existing home provides a solid foundation to live in while planning for the future. A less obvious perspective is the appeal of a home with 81 years of history in a stable neighborhood, suggesting a well-built structure and an established, leafy streetscape that can't be replicated in new developments.
Frequently Asked Questions
1. What does the age of the home (1945) mean for maintenance?
While the structure has proven its durability, a home of this age will likely have original or older major systems (like plumbing, electrical, and the roof). Prospective buyers should budget for updates and prioritize a thorough inspection.
2. The lot is huge, but is it usable?
The size is a major asset, but its usability depends on factors like topography, tree coverage, and zoning. It offers fantastic potential, but any plans for additions, pools, or secondary structures would require checking municipal bylaws.
3. There's no garage. Can one be built?
Given the vast lot size, adding a garage or workshop is a very feasible and attractive project. This would be a key value-add for a new owner and is a common improvement for properties like this.
4. How meaningful are the provided "rankings"?
They are useful for quick comparison. The key takeaway is that the lot size is exceptionally rare, the living space is comfortable and above average for the area, while the assessed value suggests the property is priced accessibly relative to its community and the city.
5. What is the neighborhood (Marlton) like?
Marlton is a mature, established neighborhood in Winnipeg. Properties with lots of this size are uncommon, indicating it's an older area with a mix of long-time residents and renewed interest from buyers seeking character and space over a brand-new home.