Property Summary: 80 Vanscoy Road
Section 1: Overview & Appeal
This property is defined by its rare combination of generous space and established character. Its key characteristic is an expansive, approximately 25,600 sqft lot in the sought-after Roblin Park area, placing it in the top tier of properties locally for land size. The two-storey home, built in 1956, offers a substantial 2,422 sqft of living space, complemented by a finished basement. Its appeal lies not just in its size, but in its proven desirability within its context; it ranks highly against comparable homes in its street, neighborhood, and across Winnipeg for lot size, living area, and assessed value.
This home would best suit buyers who prioritize land and space over new construction. It’s ideal for those seeking a private, park-like setting with room for gardens, recreation, or expansion. It also appeals to value-conscious buyers looking in established neighborhoods, where the significant lot represents a long-term asset that newer subdivisions rarely offer. A thoughtful perspective is recognizing the home’s 1956 build date as an opportunity: it comes from an era of solid construction and room layouts that modernize beautifully, allowing a new owner to imprint their style on a spacious and well-located canvas.
Section 2: Key Considerations (FAQs)
1. What does the high ranking for lot size actually mean?
It means this property’s lot is larger than 99% of all residential lots in Winnipeg, offering exceptional outdoor privacy and potential that is increasingly difficult to find.
2. The house was built in 1956. What should I expect?
You can expect a classic two-storey layout with potentially generous room sizes. While systems like plumbing, electrical, or the roof may have been updated, a pre-purchase inspection is essential to understand the condition and any needed investments for modernization or maintenance.
3. How does the finished basement add value?
It effectively increases the usable living space for family, recreation, or hobbies. It’s important to check the quality of the finish, ceiling height, and ensure it meets local code requirements for egress and moisture control.
4. The assessed value is listed at $623,000. Is this the sale price?
No. The assessed value is for municipal tax purposes. The sale price is set by the market and the seller, and can be higher or lower than the assessed value based on condition, updates, and current demand.
5. What are the less obvious factors to consider with such a large lot?
Consider ongoing maintenance (lawn care, landscaping), potential property tax implications, and the regulations around any future plans like adding a structure (e.g., garage, studio) which would need to comply with local zoning bylaws. The large lot is a major asset, but also a responsibility.