Property Summary: 34 Lannoo Drive
Section 1: Overview & Appeal
This is a truly distinctive property defined by its remarkable scale and heritage. Its key characteristic is the nearly 7,000 sqft of finished living space within a 126-year-old two-storey home, situated on an exceptionally large, half-acre lot (19,902 sqft). This combination of immense interior volume and generous outdoor space is exceedingly rare in the city.
The appeal lies in the unique opportunity it presents. It is not a standard family home but a legacy property with tremendous potential. It would perfectly suit a buyer with a vision—someone looking for a multi-generational living compound, a creative live-work space, or a passionate restorer seeking a grand project. The property’s rankings highlight its unique position: while its age places it in the oldest percentile, its living area size is in the top 1% for Winnipeg, and its lot size is in the top 1%. This creates a compelling proposition for a buyer who values space, privacy, and character over modern finishes and low maintenance.
Section 2: Key Considerations (FAQs)
1. What does the "finished" basement entail given the home's age?
While listed as finished, the condition and style of a basement in a 1900 home will differ significantly from a modern one. Buyers should be prepared for lower ceiling heights, older materials, and should prioritize a thorough inspection for moisture management and foundational integrity.
2. With no garage, where is vehicle parking handled?
The property listing does not specify dedicated parking. Given the vast lot size, there is likely space for a driveway or parking pad, but any new structure (like a garage) would be a future project subject to local bylaws.
3. How does the $899,000 assessment relate to the likely asking or sale price?
The assessment is a municipal valuation for tax purposes. In a unique property like this, the market price can vary significantly from the assessment, as there are few comparable homes. The price will largely depend on the buyer's vision and the cost they attribute to the property's rare scale and potential.
4. What are the implications of owning one of the oldest homes in the area?
This brings both charm and responsibility. While it offers unparalleled character, owners should budget for specialized maintenance, potentially higher insurance costs, and energy efficiency upgrades. The systems (plumbing, electrical, heating) may have been updated over time, but their age and condition will be a critical focus.
5. Who is this property not for?
This home is not suited for buyers seeking a move-in-ready, low-maintenance, or modern-efficient property. It is a project and an investment of both capital and time. It is ideal for a buyer who sees the value in its monumental proportions and historic fabric, not one deterred by them.