Property Overview: 1574 McCreary Road
Key Characteristics & Appeal
This property presents a unique profile defined by its expansive, one-acre lot (43,628 sqft) in Winnipeg's Wilkes South area. Built in 2007, it is a well-maintained, single-storey home with a split garage. Its primary and most compelling feature is the exceptionally large, private land parcel, which ranks in the top 1% for size across Winnipeg. This offers rare potential for gardening, recreation, expansion, or simply enjoying significant space and privacy uncommon in the city.
The appeal lies in this land-value proposition. While the house itself is a modest 1,052 sqft and ranks lower in size within its immediate area, the overall assessed value is strong, placing in the top 9% citywide. This suggests the lot is a major driver of its worth. It suits a specific buyer: someone who prioritizes land over a large existing footprint. It's ideal for those seeking a private oasis, hobbyists or gardeners, or buyers with long-term plans who value the option to renovate or expand the existing home. It offers a balance of a relatively modern build year with the generous, established feel of a large lot.
Frequently Asked Questions
1. Is the large lot usable, or is it mostly wild?
The listing highlights the land size, but a site visit is essential to determine its current condition, topography, and usability for your specific plans, whether for landscaping, building, or recreation.
2. Why is the home's size ranking low, but its value ranking high?
This discrepancy underscores that the property's market value is heavily influenced by the land itself. You are primarily investing in the rare acreage, with the house as a functional starting point.
3. What are the annual property taxes?
The assessed value is $570,000. Prospective buyers should contact the City of Winnipeg or their agent to calculate the estimated annual property tax based on the current mill rate.
4. Are there any restrictions on the land?
Given the lot's size, it's important to verify with the city if there are any zoning restrictions, easements, or environmental protections that might affect future development, like adding a structure or pool.
5. How does the "split garage" configuration work?
This typically means a two-car garage separated into two distinct single bays, often with separate doors. It's worth confirming the exact dimensions and layout to ensure it meets your vehicle and storage needs.