Property Summary: 529 Greenbriar Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Roblin Park is defined by its exceptionally large, nearly 15,000 sqft lot, placing it in the top 2% of all properties in Winnipeg for land size. Built in 1946, the 1,008 sqft house features a finished basement and a detached garage. Its primary appeal lies in the rare opportunity for expansive outdoor living, gardening, or future expansion in a well-established neighborhood. The value proposition is clear: you are primarily investing in land with a modest, functional home in place.
This property would best suit a buyer with a vision for the land itself. It's ideal for someone seeking privacy and space typically found in rural settings, but within city limits. It could appeal to a family wanting ample play space, a hobbyist or gardener, or a long-term investor who sees potential in the substantial lot, whether for enjoying as-is or for future redevelopment. The home itself is a practical starting point, but the standout feature is the canvas the property provides.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the extent or features. A professional inspection is recommended to determine the finish quality, ceiling height, and any moisture control measures in place.
2. How does the 80-year-old building age impact the home?
While the lot is a major asset, a home from 1946 will likely require careful evaluation of its major systems (roof, plumbing, electrical, insulation) and ongoing maintenance. The rankings show it is older than most homes in the area, so budgeting for updates should be a key consideration.
3. The lot is huge, but are there any usage restrictions?
Prospective buyers should verify all zoning bylaws with the city to understand what is permitted on the lot, including the potential for additions, outbuildings, or pool installation, to ensure it aligns with their plans.
4. Why is the assessed value ranking lower than the land size ranking?
The assessment reflects the total property value (land + building). The high land size ranking (top 2%) is offset by the lower rankings for the building's age and size, resulting in a more moderate overall assessment ranking. This highlights the dynamic at play: a valuable piece of land with a home that moderates the current tax assessment.
5. What is the neighborhood (Roblin Park) like?
Roblin Park is an established community. The property's rankings indicate that within this specific neighborhood, the lot size is well above average (top 34%), but the home itself is more typical in age and size. It offers a quiet, mature setting with the advantage of a very private, oversized yard.