Property Overview: 51 Vanscoy Road
Section 1: Key Characteristics & Appeal
This is a well-established, single-storey home in Roblin Park, sitting on a notably large and private lot of over 12,000 square feet—a rarity that places it in the top 3% of Winnipeg for land size. Built in 1954, the 1,327 sqft home features a finished basement and an attached garage. Its primary appeal lies in its exceptional outdoor space and established neighborhood setting, offering a sense of retreat and room to grow or garden.
The property suits two main types of buyers. First, it’s ideal for those seeking a generous yard above all else, perhaps for families, gardening enthusiasts, or anyone valuing privacy and space in the city. Second, it fits buyers comfortable with a home of vintage character who see potential in the structure itself, as the land is the clear standout asset. While the house’s living area and assessed value rank solidly above average city-wide, its age and some street-level rankings suggest it’s a property where the land carries more current value than the dwelling, pointing toward a future of maintenance or renovation.
Section 2: Frequently Asked Questions
1. What is the true draw of this property?
The unparalleled lot size is the central feature. It offers a level of outdoor space and privacy that is increasingly difficult to find within Winnipeg, making it a long-term asset.
2. Is the house move-in ready?
While the basement is finished, the home is 72 years old. Buyers should budget for updates consistent with a house of this era and consider a thorough inspection to prioritize any essential systems upgrades.
3. Who would this property not suit?
It may not suit buyers seeking a modern, low-maintenance home or those unwilling to manage a large yard. The value proposition is weighted toward the land, not a turnkey living experience.
4. How does the 2020 sale price compare to the current assessment?
The home sold for $365,000 in mid-2020 and is now assessed at $417,000. This increase reflects broader market trends and the enduring premium for large lots.
5. What’s a less obvious consideration for a lot this size?
Consider the annual maintenance—like mowing, landscaping, and snow clearing—which requires significant time, equipment, or cost. Also, verify any local bylaws regarding future structures like sheds, garages, or additions to fully understand the lot's potential.