Property Overview: 780 Pepperloaf Crescent
This well-situated Roblin Park home presents a compelling opportunity defined by its generous lot and established neighbourhood. Built in 1968, this one-storey bungalow features a finished basement, an attached garage, and 1,102 sqft of living space on a notably large, approximately 14,877 sqft property.
Key Characteristics & Appeal
The primary appeal of this property lies in its exceptional land size, which places it in the top 2% of all Winnipeg lots for sheer square footage. This offers rare potential for expansion, gardening, or outdoor recreation within the city. The home itself is a practical, single-level layout in a mature and sought-after neighbourhood, offering move-in readiness with its finished basement. Its value is further underscored by its current assessed value, which ranks higher than most homes in Winnipeg.
This property would suit buyers looking for a long-term home with significant lot value in a prime area. It’s ideal for those who prioritize outdoor space and future potential over a large existing footprint, or for downsizers seeking a bungalow layout in a community with established character. A thoughtful perspective: while the interior living space is modest relative to the lot, this imbalance is precisely where the opportunity lies—the value is anchored in the land, offering a canvas for future renovation or addition that many newer subdivisions cannot match.
Frequently Asked Questions
1. How does the lot size compare to a typical new build?
This lot of nearly 15,000 sqft is exceptionally large, often double or triple the size of standard lots in newer suburban developments, offering unparalleled privacy and space.
2. What is the significance of the various ranking percentages?
They show how this property compares to others in its immediate street, Roblin Park neighbourhood, and all of Winnipeg. For example, ranking in the top 2% city-wide for lot size is a standout metric indicating rarity.
3. The 2019 sale price seems low compared to the current assessment. What does this indicate?
The 2019 transaction reflects the market value at that time. The subsequent increase in assessed value aligns with broader market trends and specifically recognizes the premium value of the large lot.
4. Is the home’s age a concern?
Built in 1968, the home is of an era where construction materials were robust, but buyers should budget for expected updates to major systems like roof, windows, or mechanicals, common for houses of this vintage.
5. What is the neighbourhood like?
Roblin Park is a mature, established community known for its quiet, leafy streets, strong sense of community, and convenient access to parks, the Assiniboine River, and city amenities, making it perennially desirable.