1457 Charleswood Road – Property Summary
Key Characteristics & Buyer Profile
This is a large, high-value property in Winnipeg’s Wilkes South area, built in 1999. The home offers 3,104 square feet of living space on a substantial 108,068-square-foot lot. Its standout feature is scale: the living area ranks in the top 1% citywide, and the land area is also in the top 1% across Winnipeg. Assessed value sits at $1.22 million, placing it in the top 1% citywide as well. While the home is newer than most on its street (top 17%), it is broadly in line with the neighbourhood’s average build year.
The appeal lies in rarity. Few properties in Winnipeg combine a house this large with a lot this big in a single package. The street itself (Charleswood Road) is elite by both size and value—only two other homes on the street have a higher assessed value, and only three have more living space. The neighbourhood (Wilkes South) is more mixed: the home is above average there, but not dominant. This suggests the property offers a degree of privacy and land that is uncommon even in its own area.
This property would suit a buyer who values space—both indoors and outdoors—above location convenience or neighbourhood prestige. It is ideal for someone who wants room for a large family, home-based work, hobbies, or animals, without being in a remote rural area. The lot size (over two acres) suggests potential for gardens, workshops, or future subdivision, though that would require local approvals. It is less suited to buyers looking for a turnkey modern home in a dense, walkable neighbourhood, or those who prioritize a newer build over land.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The property’s assessed value of $1.22 million is more than double the street average ($511k) and about 25% above the neighbourhood average ($969k). This reflects its larger size and land, not necessarily that it is more upgraded than neighbouring homes.
2. Is the land large enough for subdivision or development?
At 108,068 square feet (approx. 2.5 acres), the lot is well above typical city residential sizes. Whether it can be subdivided depends on current zoning and city planning rules. The property ranks in the top 1% citywide for land area, but within Wilkes South it is only around average—so large lots are not unusual in this area.
3. How old is the house, and is it considered modern?
Built in 1999, the home is newer than the citywide average (1966) and the street average (1978), but around the same age as the neighbourhood average (1996). It is not a new build, but it is from the late-1990s, which many buyers consider reasonably modern in structure and layout.
4. What does “elite” or “above average” ranking actually mean here?
These rankings compare the property against all other residential properties within a given scope. “Elite” (top 1–2%) means it outperforms nearly all others in that category. “Above average” (top 16–21%) means it ranks well, but is not exceptional. The rankings are based on data from city assessment records—they are not subjective opinions.
5. Is the neighbourhood considered high-end?
Wilkes South is above average in property values citywide, but it is not the most prestigious area in Winnipeg. The property itself is a standout in that neighbourhood, but many homes nearby have larger lots or newer builds. Buyers should visit the area to see if the character and proximity to services fit their needs.