Property Overview: 1200 Balgona Road, Winnipeg
Key Characteristics & Appeal
This home at 1200 Balgona Road presents a distinct value proposition centered on its exceptional lot size. The property sits on over five acres (222,226 sqft), placing it in the top 1% of lots citywide and offering a rare level of space and privacy within Winnipeg. While the house itself is modest in size (1,172 sqft) and older (built in 1968), its assessed value of $502k is notably above the Winnipeg average, indicating that the premium is largely for the land.
The appeal lies in this unique balance: it offers a rural-scale property without being remote, located in the Rosser-Old Kildonan area. It would best suit a buyer whose priority is land—for gardening, hobbies, or future expansion—over immediate square footage. It’s a practical option for those comfortable with a home that may require updates, in exchange for an asset (the land) that is increasingly scarce in the city. The data suggests it’s a standout property in its neighborhood for lot size, but a fairly average one in terms of the dwelling.
Frequently Asked Questions
1. Is the high assessed value due to the house or the land?
The value is primarily driven by the land. The lot size is elite citywide, while the living area is below average for the neighborhood. The assessment reflects the scarcity and value of a 5+ acre parcel within city limits.
2. How does the home’s size compare to others nearby?
The living area is smaller than most in the immediate area. It ranks in the top 97% for the neighborhood, meaning 97% of comparable homes are larger. This is a compact home on a very large lot.
3. What does the “Elite” ranking for land area mean?
It means this property’s lot size is among the very largest in Winnipeg, outperforming 99% of comparable properties citywide. In Rosser-Old Kildonan, it outperforms 98% of homes, making it a true outlier in terms of space.
4. Why isn’t a sales history shown?
The platform does not incorporate MLS sales data. A full transaction history requires a manual lookup, which they offer to provide via email upon request to ensure accuracy.
5. The year built seems older than the neighborhood average. Is that a concern?
The home (1968) is older than many in Rosser-Old Kildonan, where the average comparable home was built around 2013. This suggests the area has seen significant newer development. Buyers should factor in the age and potential need for maintenance or modernization of the structure itself.