23 Shenfield Road is a distinctive one-and-a-half storey home in Winnipeg's Ridgedale area, built in 1930. Its primary appeal lies in the exceptional combination of a vast, half-acre lot (over 22,700 sq ft) and substantial, updated living space (nearly 2,800 sq ft). This property ranks in the top 1% in Winnipeg for both lot size and living area, offering a rare sense of space and privacy within the city. Key features include a finished basement, an in-ground pool, and an attached garage.
The home suits buyers looking for a character property with immense outdoor potential—ideal for gardening, entertaining, or future additions. It’s a compelling option for those who value land over a brand-new build and are prepared for the nuances of maintaining a heritage home (96 years old). While the structure itself is older, the generous proportions and elite lot ranking make it a unique, long-term asset in a mature neighborhood.
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What is the true value of such a large lot? Beyond privacy, a lot of this size (ranking in the top 1% city-wide) offers flexibility rarely found in urban settings. It provides room for expansion, recreational features like the existing pool, and significant landscaping potential, all while being a finite asset that appreciates independently of the house.
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What should I know about a home built in 1930? While offering character and solid construction, a home of this age will likely have older mechanical systems (plumbing, electrical, heating) and require ongoing maintenance. A thorough inspection is essential to understand the condition and modernization needs, balancing the charm with practical upkeep.
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How does the pool impact the property? The pool is a major seasonal amenity but also entails specific maintenance, insurance considerations, and safety compliance. It adds to the recreational appeal but is a factor in ongoing costs and effort.
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Why is the "year built" ranking so low? The rankings show the home is older than most in its area and Winnipeg. This isn't inherently negative but highlights its character status. It appeals to buyers seeking established neighborhoods and unique properties, not modern construction.
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Who is the assessment for, and how does it relate to the asking price? The municipal assessment ($667,000) is for tax purposes and lags behind the current market. Its high city-wide ranking (top 4%) confirms the property's substantial official value, but the final sale price will be determined by current market demand for such a unique offering.