Property Overview & Key Characteristics
This property is defined by its substantial scale and prime positioning within Winnipeg. Its primary appeal lies in the combination of a very large, nearly one-acre lot (42,798 sqft) and a spacious, modern two-storey home (2,862 sqft) built in 1998. The house features an unfinished basement, offering potential for customization. Its standout characteristic is its exceptional city-wide ranking; it sits in the top 1% of Winnipeg for both lot size and living area, offering a rare level of space and privacy within the city limits. The appeal is for buyers seeking a established family home in a mature neighbourhood without sacrificing interior room or outdoor potential. It would suit a family looking for a long-term home with ample yard space for recreation, gardening, or future additions, and for buyers who value the upside of an unfinished basement to tailor to their specific needs.
Less obvious perspectives: While the house itself is spacious and modern, the true long-term value may be anchored in the land itself—a parcel of this size in the city is increasingly uncommon. The unfinished basement, often seen as a drawback, could be a strategic advantage for a buyer with specific plans for a suite, workshop, or entertainment space, allowing for new builds without the premium of it being already completed.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in its neighbourhood (Wilkes South), and across all of Winnipeg. For example, being in the "top 1%" for lot size in Winnipeg means 99% of properties in the city have a smaller lot, highlighting its rarity.
2. Is the unfinished basement a major drawback?
Not necessarily. While it requires an additional investment to finish, it presents a blank canvas. Buyers can customize the space to their exact needs—whether for a home theatre, gym, or additional bedrooms—without needing to renovate an existing layout.
3. Who is the ideal buyer for this property?
This home is ideal for a family or individual who prioritizes expansive outdoor space and interior square footage over a brand-new build. It suits those looking for a property where the land itself is a key asset and who have the vision or capacity to complete the basement.
4. How does the 1998 build year impact the home?
A 28-year-old home is considered modern in its core systems and layout but is now at an age where some major components (like the roof, HVAC, or windows) may need inspection or be nearing their service life, which is a standard consideration for homes of this era.
5. What is the neighbourhood (Wilkes South) like?
Wilkes South is an established, mature neighbourhood. The property's rankings indicate that within this community, it is a larger and newer-than-average home, suggesting it is among the more substantial properties in the area, offering a sense of space within a settled community.