Property Summary: 691 Pepperloaf Crescent
Key Characteristics & Appeal
This is a unique, one-storey home in Roblin Park, built in 1963, that offers a rare combination of space and privacy within Winnipeg. Its defining characteristic is the exceptionally large, nearly half-acre lot (20,996 sqft), which places it in the top 1% of properties in the city for land size. The home itself is a comfortable 1,823 sqft bungalow with a finished basement, providing practical single-level living.
The appeal lies in the property's immense potential and established setting. The lot is not just large; it's a blank canvas for gardening, recreation, or future expansion, offering a level of private outdoor space that is increasingly difficult to find. While the home is of a mature age, its living area is spacious compared to most in the neighborhood and city. It suits a specific buyer: someone who values land above all else, whether for privacy, hobbyist pursuits, or long-term redevelopment potential. It would also appeal to a downsizer seeking a manageable single-level layout without sacrificing a generous yard, or to a family looking for a home in a well-established community where the land itself is the primary asset for future enjoyment or value.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, its land size is better than 99% of homes in Winnipeg, while its build year is newer than 41% of city homes. This highlights its standout feature is clearly the lot, not the age of the structure.
2. Is the house in need of major updates?
Built in 1963, buyers should anticipate elements typical of a home of this era. While the basement is finished, the condition of major systems (roof, plumbing, electrical) and interior finishes should be verified through a professional inspection, as some modernization is likely expected.
3. There's no garage. How is vehicle parking?
The listing notes no garage. Prospective buyers should assess the driveway and property layout for on-site parking and consider the feasibility and cost of adding a garage or carport in the future, given the ample space.
4. Why is the assessed value a specific point of comparison?
With an assessed value higher than 75% of Winnipeg homes but lower than many in its immediate street and community, it suggests the city assesses the property's potential value highly, likely due to the land. The market value may be influenced by how much a buyer is willing to pay for that unique lot.
5. What is the neighborhood (Roblin Park) like?
Roblin Park is a mature, established neighborhood. The high rankings for lot size within the community itself indicate this is among the larger properties in the area, offering more privacy and space than most of its neighbors, which is a key advantage here.