Property Overview
This is a distinctive two-storey home built in 1991, situated on an exceptionally large, 5-acre lot in Winnipeg's Wilkes South area. Its primary appeal lies in the rare combination of substantial living space (over 4,000 sqft) and immense private land, offering a rural-like setting within the city. The home features a finished basement and an attached garage.
The property is ideally suited for buyers who prioritize space and privacy above all else. It would fit a multi-generational family, an avid entertainer, or anyone seeking a "country estate" feel without leaving city limits. Its top-tier rankings for lot size, living area, and assessed value in Winnipeg highlight its uniqueness, though the home itself, at 35 years old, may appeal more to those comfortable with potential updates rather than seeking a new build. The appeal is less about the finishes and more about the unparalleled canvas the land provides.
Key Questions & Considerations
1. What does the "finished basement" entail?
Given the age and size of the home, it's important to clarify the extent and condition of the basement finish. Is it a fully developed living space with proper ceilings and flooring, or a more basic recreation room? This affects the home's true liveable square footage and utility.
2. How is the 5-acre lot zoned and what are the maintenance implications?
A property of this scale is unusual in the city. Understanding the zoning is crucial to know what can or cannot be done with the land. Buyers should also realistically budget for the significant upkeep of such a large parcel, including landscaping, snow clearing, and general maintenance.
3. Why is the ranking for "newness" lower than its other metrics?
The home ranks above only 30-37% of comparable properties in its area for age, meaning it is among the older homes locally. This isn't inherently negative but signals that a buyer's investment may be directed more toward the land value and that the home may require more attention to systems, windows, or interior updates compared to a newer build.
4. Are there any development restrictions or covenants on the land?
With its size and location, there may be specific easements, environmental protections, or community covenants that govern what can be built or altered. Due diligence with the city and a title search is essential.
5. What is the surrounding area like, given the property's unique positioning?
The lot offers tremendous privacy, but it's important to experience the neighborhood context. Is it surrounded by similar large lots, or does it adjoin smaller subdivisions? Understanding the immediate surroundings will help gauge the long-term privacy and character of the setting.