Property Overview
This 1945-built, one-storey home in Roblin Park is defined by its remarkable land size of over 20,000 sqft—a rare urban lot that places it in the top 1% of all Winnipeg properties by area. While the 768 sqft living space is modest and the home itself is among the older in its immediate area, its immense appeal lies in the balance of a quiet, established neighbourhood with extraordinary potential. The property features a finished basement and a detached garage.
Its core appeal is for the value-driven visionary or the downsizer seeking space. It perfectly suits a buyer looking for a solid, no-frills home on a property where the land itself is the primary asset—ideal for extensive gardening, future expansion, or simply enjoying unparalleled private outdoor space in the city. It represents a unique opportunity to own a piece of land of this scale without a premium mansion price tag, appealing to those who see potential beyond the current footprint.
Key Questions & Considerations
1. What does the "finished basement" entail?
Given the home's age and size, it's essential to clarify the finish level, ceiling height, and whether it includes a proper secondary exit or bathroom. This space likely adds crucial functional area but may reflect older styles and materials.
2. How does the 1945 construction date impact maintenance?
Prospective buyers should proactively investigate the age and condition of major systems like plumbing, electrical, wiring, and the foundation. While charm comes with character, budgeting for updates or essential repairs is a key consideration.
3. The lot is huge, but are there any restrictions on its use?
It’s wise to verify with the city if there are any easements, heritage designations, or zoning bylaws that would affect building additions, a new structure, or significant landscaping plans. The land's value is in its usable potential.
4. The home ranks very low for size and age on its street. Is this a concern?
This highlights the property's unique position: it's likely one of the smallest, oldest homes on a street with larger, newer properties. This isn't necessarily negative but underscores that the value proposition is the land, not the house's comparative stature. It may influence future resale dynamics.
5. The assessment is significantly lower than the asking price. Why?
Municipal assessments for tax purposes often lag behind market values and may not fully capture the premium for such an unusually large lot in a desirable area. The asking price reflects current market demand for land with potential, which the assessment formula may not weight heavily.