Property Summary: 39 Ranchgrove Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a compelling profile defined by a significant contrast between its lot and its structure. The standout feature is the exceptionally large, private lot of over 12,400 sqft, which ranks in the top 3% on its street and top 1% within the Mission Gardens area. This offers rare potential for expansion, gardening, or outdoor living in the city. The house itself, built in 1983, is of average size for the neighbourhood at 1,112 sqft, suggesting the value proposition leans heavily on the land. Its assessed value is notably above average for the immediate area, indicating the lot size is a key factor in its valuation.
The appeal lies in this land-centric opportunity. It suits a buyer with a vision for the future—whether that's building an addition, creating extensive outdoor amenities, or simply valuing expansive private space over a larger existing footprint. It may also attract those looking for a solid, no-frills home in a stable neighbourhood where the underlying asset (the land) is a strong and rare commodity. A thoughtful perspective is that while the home is functionally average, it sits on a lot that is increasingly scarce, making it a strategic purchase for long-term value.
Frequently Asked Questions
1. Why is the assessed value above average when the house size is average?
The assessed value reflects the property as a whole, not just the building. The lot size is exceptionally large for the area, which significantly increases the total property value compared to homes on standard-sized lots.
2. What does the "Elite" ranking for Land Area mean?
It means this property's lot size is among the very largest when compared to similar homes. On its street, it ranks #1 out of 39 properties, and within Mission Gardens, it's in the top 1% of 1,366 homes for lot size.
3. The home was last sold between 2022-2024. Why is the exact price not listed?
Exact sale prices are not always publicly available in Manitoba. The range provided is based on public data. You can request the precise sold price via email from the site, which they provide manually without using your email for marketing.
4. Given the large lot, are there any restrictions on building or additions?
While not specified here, any major changes would be subject to City of Winnipeg zoning bylaws and permitting. A prospective buyer should always verify setback requirements, allowable building coverage, and any local development guidelines before planning renovations or new structures.
5. How does the age of the home (1983) compare to others?
On its specific street, it is slightly older than the average home. However, within the broader Mission Gardens area and citywide, its age is very typical. This suggests the neighbourhood is well-established, and the home's systems and structure are likely consistent with others of its era in Winnipeg.