Property Overview: 584 Pepperloaf Crescent
Key Characteristics & Appeal
This home is a classic one-and-a-half storey character property in Roblin Park, built in 1946. Its primary appeal lies in its generous, mature 10,173 sqft lot—a rare find that places it in the top 6% of all Winnipeg properties for land size. The home itself offers 1,080 sqft of living space with a finished basement, providing functional space for a growing household or creative projects. While the structure itself is of a vintage that requires an appreciation for older homes, the rankings indicate its true competitive advantage is the expansive, private outdoor space in a well-established neighborhood.
This property would best suit a buyer who values space and potential over turn-key modern finishes. It’s ideal for someone with a vision—perhaps a gardener, a family seeking room for children and pets to play, or a hands-on owner comfortable with gradual updates. The very fact that it ranks highly for land but lower for assessed value suggests an opportunity for value growth through stewardship and thoughtful improvements.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Roblin Park, and across all of Winnipeg. For example, being in the "top 6%" for land size city-wide highlights the lot as a standout feature, while the other rankings provide context on its age, size, and value relative to its immediate surroundings.
2. Is the 80-year-old age of the home a concern?
It is a defining characteristic. It means the home likely has solid construction and charm, but also that its major systems (roof, plumbing, electrical) should be carefully inspected. A pre-purchase inspection is essential to understand the condition and any needed updates.
3. What is a "one-and-a-half storey" design?
This style typically features a main floor with principal rooms and a second floor under sloped rooflines, often creating cozy bedrooms with character. It’s a practical, classic design common to the era, but ceilings on the upper level may be lower in some areas.
4. How can the assessed value be lower than many comparable properties?
Municipal assessments for older homes can sometimes lag behind market values, especially for unique properties with exceptional lots. The assessment is a starting point for taxation; the market price is ultimately determined by what buyers are willing to pay for the home's specific combination of land, location, and potential.
5. What is the potential here for a buyer?
The potential is anchored by the large, private lot. This allows for possibilities like extensive landscaping, adding a deck or patio, or even future expansion (subject to zoning and permits). The finished basement adds immediate usable space. The opportunity is to enhance a home with great foundational assets: location, lot size, and community.