Property Overview: 631 St Anne's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its generous lot and modest living space. Built in 1970, the 864 sqft house sits on an exceptionally large, 25,200 sqft lot (over half an acre). This lot size ranks in the top 1% both within the Meadowood area and across the entire city, representing the property's most standout feature.
The primary appeal lies in this land potential. While the living area is below average for the neighbourhood and city, the assessed value is notably strong, ranking in the top 2% for Meadowood. This suggests the land value is a significant driver. Recent sale prices (between $500k-$650k in the 2020s) have also performed well above area averages. The property suits a specific buyer: someone looking for a solid foundation in a established neighbourhood who values outdoor space, expansion potential, or redevelopment possibilities over immediate move-in size. It's a candidate for a long-term hold, a renovation to match the lot's stature, or for buyers who prioritize private yard space above all else.
Section 2: Frequently Asked Questions
1. Why is the house's living area below average, but its assessed and sold values are so high?
The value is heavily influenced by the land. The lot size is exceptionally large, and in established neighbourhoods, land often holds more value than the existing structure, especially when there is potential for expansion or future use.
2. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size is larger than 99% of comparable properties in Meadowood and city-wide. You are getting a parcel of land that is now very rare for the area.
3. Is the 1970 build date a concern?
The year is around average for the street and city. While the home will likely require updates consistent with its age, it's not unusually old for Winnipeg's housing stock. The key will be the condition of major systems like roof, windows, and foundation.
4. How reliable are the displayed sold price ranges?
The ranges are based on public data. For exact historical sale prices, you must request them directly from the site via email, as they manually verify and provide the precise figures.
5. Who would this property not be suitable for?
It may not suit buyers seeking a turn-key, spacious home without renovation plans. The current living space is compact, so those needing immediate, ample indoor square footage or who do not want a project should look carefully at the floor plan. The value here is in the land and future potential, not in present-day grandeur.