Property Summary: 1317 Charleswood Road, Winnipeg
Key Characteristics & Buyer Profile
This property stands out most for its exceptionally large land area. At 108,198 square feet, the lot ranks in the top 1% citywide—a rare find in Winnipeg. The house itself is a solid, 2005-built home with 2,106 square feet of living space, which is well above average for its street and the city. The assessed value of $617,000 reflects a premium over the street average, yet it sits below the much higher average for the surrounding Wilkes South neighborhood, suggesting a less expensive entry point into that area. The home’s appeal lies in offering a newer, spacious house on a property with serious outdoor potential—something most city lots simply cannot match. This property would best suit a buyer who values privacy, outdoor space, or room for expansion, and who is willing to trade some neighborhood prestige (in terms of comparable home values) for a significantly larger footprint. It may also appeal to those looking for a property with long-term potential or the ability to subdivide, though no specific zoning details are confirmed here.
Five Possible FAQs
1. How does the assessed value compare to nearby homes, given the large lot?
On Charleswood Road, the house is assessed above average (top 20% on the street). But compared to the broader Wilkes South neighborhood, its value is below average—likely because many neighboring properties are significantly more expensive homes on similarly sized or even larger lots. Citywide, it ranks in the top 7%, which is strong.
2. Is the land area unusual for this neighborhood?
Not especially. In Wilkes South, the average land area is about 137,000 square feet, so this property is around average for the area. The standout figure is the citywide rank—most Winnipeg homes sit on roughly 6,500 square feet, making this lot enormous by city standards.
3. How old is the house, and how does it fit with others on the street?
Built in 2005, it’s newer than most homes on Charleswood Road, where the average year built is 1978. It’s also newer than the citywide average of 1966. Within Wilkes South, it’s roughly average compared to homes built around 1996.
4. What does the living area actually mean for daily use?
At 2,106 square feet, the home is larger than most on the street (which average 1,517) and the city (average 1,342). It’s slightly smaller than the Wilkes South neighborhood average of 2,399 square feet, so while spacious, it’s not outsized for the area. Should feel comfortable for a family needing room to spread out, without being excessively large.
5. Why does the assessed value seem low compared to the neighborhood average?
The Wilkes South average is nearly $969,000—significantly higher. This likely reflects that the neighborhood contains many larger or more luxurious homes. This property’s value is primarily driven by its size and house itself rather than being in the upper tier of local finishes or square footage. For a buyer, this could mean getting into a high-land-value area at a comparatively lower price point.