Property Summary: 86 St Michael Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. At 9,229 sqft, the property offers a land area significantly larger than most homes on its street, in the Pulberry neighborhood, and across Winnipeg. This is its standout feature, offering ample outdoor space for gardening, recreation, or future expansion.
The appeal lies in this land-to-structure ratio. The house itself, built in 1962, is modest in size at 848 sqft, which is below average for the area. Its assessed value of $353k is also below the neighborhood average, suggesting the price reflects the compact living space rather than the premium lot. This creates an opportunity for buyers who prioritize land over a large existing footprint. It would suit a practical first-time buyer, an investor looking for a property with redevelopment potential, or someone seeking an affordable entry into the neighborhood with room to grow outdoors or eventually renovate. It’s a property where the real value may be in what you can do with the land, not just the existing house.
Section 2: Frequently Asked Questions
1. Is the below-average living area a concern?
It depends on your needs. The home offers efficient, compact living. For some, it’s a drawback; for others, it’s the trade-off that makes the large lot affordable and manageable to maintain.
2. How does the assessed value relate to the likely selling price?
The assessed value is for municipal taxation and is a useful benchmark, not a market price. Given its below-average size but above-average lot, the market price will ultimately be determined by what buyers are willing to pay for that specific combination of features.
3. What does the large lot actually allow me to do?
Beyond a spacious yard, a lot of this size may accommodate additions like a large garage, workshop, or sunroom, subject to local zoning and permit approvals. It’s a key point to investigate for future plans.
4. Why is there no sales history shown for this property?
The listing data provided is not sourced from the MLS. To obtain verified sales history and exact past sale figures, you must request a manual lookup from the site via email, as noted in their data disclaimer.
5. The home is older—what should I budget for?
Built in 1962, it’s around the average age for the street. A thorough inspection is essential to understand the condition of major aging components like the roof, plumbing, electrical, and foundation, which will inform your renovation and maintenance budget.