Property Overview & Appeal
This property is defined by its substantial, mature lot and a well-maintained family home. The key characteristic is the exceptionally large, approximately 32,700 sqft lot, which places it in the top 1% of all properties in Winnipeg for land size. The two-storey house, built in 1975, offers 1,232 sqft of living space with a finished basement and an attached garage. Its appeal lies in the rare opportunity for significant outdoor space and privacy within the city, offering potential for gardening, expansion, or simply ample room to enjoy. The home itself presents as a solid, move-in-ready canvas.
It would best suit buyers who prioritize land over square footage, such as growing families seeking space for children and pets, or downsizers who still value a large, private yard without the maintenance of a larger house. It also holds quiet appeal for future-minded buyers who see the long-term value in a lot of this size, which is increasingly uncommon in mature neighbourhoods.
Frequently Asked Questions
1. How does the house's condition compare to the lot's appeal?
The data suggests the house is a comfortable, average-sized home for the area, while the lot is exceptionally large. Buyers should view this as a property where the land is the standout feature, with the home providing solid, functional living space.
2. What does the assessment value versus the 2021 sale price indicate?
The current assessed value is notably higher than the 2021 sale price. This typically reflects strong market-wide appreciation over the last few years and the unique value attributed to the large lot, but it's important to verify this with a current market evaluation.
3. Is the large lot a benefit or a burden?
This depends on the buyer's lifestyle. It offers unparalleled privacy and space but also requires more time and effort for landscaping and yard maintenance compared to a standard city lot.
4. The rankings show the house is older and smaller than many in Winnipeg. Should I be concerned?
Not necessarily. These rankings are purely statistical. Many buyers seek out well-built homes from this era in established neighbourhoods. The key is the condition of major systems (roof, windows, furnace), which should be verified during an inspection.
5. What is the neighbourhood like?
The property is in the Wilkes South area of Winnipeg. The high percentile rankings for lot size and value within the community suggest it is among the more substantial properties in this specific locale, indicating a well-established, stable neighbourhood.