Property Summary: 21 Bowhill Lane
Key Characteristics & Appeal
This is a classic, one-and-a-half storey home in Roblin Park, built in 1946 and sitting on a remarkably large, half-acre lot (20,751 sqft). Its primary appeal lies in this rare combination of a generous, established property within the city and a solid, functional home. The 1,232 sqft residence features a finished basement and a detached garage.
The property’s standout feature is its land. The lot size ranks in the top 1% for all of Winnipeg, offering immense privacy, space for gardens, recreation, or future expansion—a rarity so close to the city's core. While the house itself is modest in size and of an older vintage, it presents a clear opportunity: it's a character home on a premium piece of land. This would perfectly suit a buyer looking for a long-term family home with room to grow outdoors, or a practical-minded purchaser who values land value over a modern turn-key interior and sees potential to renovate or expand over time. It’s a property for those who prioritize space and location over new finishes, appealing to both families and visionaries.
Frequently Asked Questions
1. What does the "one-and-a-half storey" design mean?
This typically indicates a home with a full main floor and a second floor under a sloped roof, where the upstairs rooms may have lower ceilings or dormer windows. It's a charming, classic Winnipeg design common for the era.
2. How significant is the lot size ranking?
Ranking in the top 1% for lot size in Winnipeg is extremely significant. It means you are getting a property with more land than 99% of homes in the city, which is a major driver of value and offers unique possibilities not found in typical suburban lots.
3. The house was built in 1946. What should I be aware of?
While offering character, an 80-year-old home will likely have older mechanical systems (like plumbing and electrical), windows, and insulation. A thorough inspection is essential to understand the condition and plan for any updates or maintenance required.
4. The assessment value seems lower than expected for such a large lot. Why?
Municipal assessments primarily reflect a property's value for tax purposes and often lag behind market trends. The assessment likely weighs the older, modest-sized home heavily. The market value is typically driven higher by the incredible scarcity and desirability of the land itself.
5. Is the finished basement included in the 1,232 sqft living area?
No, finished square footage in listings and assessments typically refers to above-grade living space. The finished basement is an additional bonus area, adding functional space like a family room or extra bedrooms, but is not counted in the official living area figure.