Property Overview: 4381 Roblin Boulevard
Key Characteristics & Appeal
This is a spacious, two-storey family home in Winnipeg's Ridgedale neighborhood, built in 1980. Its most defining feature is the exceptionally large, approximately one-third-acre lot (over 14,000 sq ft), which places it in the top 2% of properties in Winnipeg for land size. The home itself offers generous living space at over 2,100 sq ft, ranking within the top 6% citywide, and includes a finished basement and an attached garage.
The appeal lies in a rare combination of established community charm and significant property scale. While the house is from the early 80s and may benefit from updates, the lot represents a substantial and increasingly scarce asset. It offers immense potential for gardening, recreation, expansion, or simply enjoying private outdoor space that is uncommon within the city. The property's high assessment and strong value rankings suggest it is a substantial and appreciating asset.
This home would best suit buyers who prioritize land and space over a turn-key modern interior. It's ideal for families seeking room to grow, DIY enthusiasts or builders who see potential in the existing structure, or long-term investors who understand the intrinsic value of large urban lots. It’s less suited for those seeking a new, low-maintenance property without any projects.
Frequently Asked Questions
1. What is the neighborhood like?
Ridgedale is a mature, established community in Winnipeg. The property's rankings show it outperforms 69% of homes in the neighborhood for size, indicating it's among the larger, more premium lots in the area, which typically features family-oriented homes and well-kept streets.
2. Is the lot size a major advantage?
Yes, significantly. A 14,274 sq ft lot is a standout feature in Winnipeg. It offers privacy, space for additions like a deck or shed, and future development potential that smaller parcels do not. This is the property's most competitive long-term asset.
3. The house was built in 1980. What should I consider?
While the home has been maintained, a building of this age will likely have original or aging components. Prospective buyers should pay close attention to the roof, windows, HVAC system, and any past updates to plumbing or electrical during inspections. The finished basement should also be checked for moisture proofing.
4. How does the 2021 sale price relate to the current assessment?
The home sold for $500,000 in late 2021 and now holds a municipal assessment of $526,000. This indicates the market and assessor recognize its growing value, likely driven by its substantial lot and living space. The assessment provides a baseline, but the final sale price will be determined by current market conditions.
5. What are the less obvious factors to weigh?
Consider the balance between indoor and outdoor space: the living area is generous, but the lot is enormous. Your lifestyle will determine if this is a perfect fit or if upkeep will be demanding. Also, while rankings are high, they are relative; being in the top 6% for size citywide is impressive, but it also means property taxes will reflect this premium valuation.