Property Overview: 5725 Roblin Boulevard
This well-established Southboine property presents a classic one-storey home on a large, mature lot. Its primary appeal lies in the combination of a generous, private yard and a functional, move-in-ready layout. The home features a fully finished basement, adding valuable living space, and an attached garage for convenience. Built in 1959, it offers the character and solid construction of its era. The standout feature is the land itself—at nearly 12,000 square feet, the lot size is a significant asset, offering ample room for gardening, recreation, or future expansion, and places the property in the top tier for space within Winnipeg.
The home would suit a buyer looking for a solid foundation in a prime location, whether that's a growing family valuing outdoor space over a brand-new build, or a downsizer seeking single-level living without compromising on yard size. It’s a practical choice for those who see potential in a property's underlying value—the land and location—and are comfortable with a home that may require updates over time. The rankings provided suggest a property with a somewhat mixed profile: while its overall size is a major competitive advantage city-wide, its assessed value and age are more modest relative to its immediate neighbors, indicating a home that may offer good value in a desirable area.
Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings compare this property against others on its street, in Southboine, and across all of Winnipeg for specific metrics. They show that this home’s lot size is its greatest strength, placing it in the top 4% of the city. Other aspects, like its age and assessed value, are more average or below average locally, which can help contextualize its price and appeal.
2. Is the large lot a maintenance burden or an opportunity?
It can be both. The 11,722 sqft lot requires more upkeep for lawns and gardens, which is a consideration for time and cost. However, it also represents a rare opportunity in the city for privacy, space for children or pets to play, and the potential for additions like a large deck, workshop, or even future subdivision, subject to zoning.
3. Given the home's age, what should I budget for immediately?
While the basement is finished and the home is livable, a house built in 1959 will likely have older major systems. A thorough inspection is crucial. Budgeting for potential updates to roofing, plumbing, electrical, or windows in the medium-term is a prudent approach, even if no issues are immediately apparent.
4. How does the assessed value relate to the likely selling price?
The municipal assessment of $375,000 is for tax purposes and is not a market valuation. In many areas, especially with desirable lot sizes, the selling price can differ significantly. It’s best to use recent sales of comparable properties in Southboine as a more accurate guide to current market value.
5. What is the neighborhood feel of Southboine?
Southboine is a mature, established neighborhood near the Assiniboine River. It typically offers a quiet, residential feel with a mix of older, well-kept homes and newer infill developments. Proximity to parks, river trails, and local amenities adds to its appeal for those seeking a settled community atmosphere.