Property Overview: 1545 Balgona Road, Winnipeg
Key Characteristics & Buyer Profile
This home presents a compelling mix of space, modernity, and rare land value. Built in 2005, it is notably newer than most on its street and across Winnipeg, suggesting updated building systems and less immediate need for major renovations. With 1,691 sqft of living area, it offers above-average space city-wide, comfortably accommodating a growing family.
The standout feature is the land. The lot size of nearly 5 acres (213,602 sqft) is exceptional, placing it in the top 1% city-wide. This offers immense privacy and potential for gardening, recreation, or future expansion, a rarity within city limits. The assessed value of $600k reflects this premium, ranking well above averages at every level.
The appeal lies in this unique balance: a modern, spacious home paired with a truly substantial, private parcel of land. It suits buyers looking for a rural-like setting without leaving the city, such as families desiring room to grow, hobbyists, or those who value long-term privacy and land ownership as a key investment. It’s a property for someone whose priority is the land itself, with the house being a modern and comfortable bonus.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
It last sold in October 2020 for between $600k-$650k. This sale price was in the top 7% city-wide at the time, confirming its premium market position, which is consistent with its current above-average assessed value.
2. Is the home size typical for the area?
The living area is around average for both the immediate street and the broader Rosser-Old Kildonan neighborhood. Its advantage is being newer than most, coupled with a lot size that is vastly larger than typical area properties.
3. What does the “Elite” city-wide land ranking mean?
This statistical ranking indicates the lot size is larger than over 99% of comparable residential properties in Winnipeg. It highlights the extraordinary amount of private land, which is the defining feature of this listing.
4. Why is the year built “Below Average” for the neighborhood?
The neighborhood average year built is 2013, making this 2005 home older than many in the wider area. However, on its specific street, it is significantly newer than the average (1975). This indicates a street of older homes with some newer infill, like this one.
5. How can I verify the exact historical sold price?
The public data shown is an estimated range. Due to industry regulations, exact MLS sale figures are not published here. You can request the precise sale history by emailing the site directly for a manual lookup.