Property Overview
This unique bi-level home at 1662 McCreary Road sits on an exceptionally large, nearly 4.6-acre lot in Winnipeg's Wilkes South neighbourhood. Built in 1971, the 1,236 sqft house features a finished basement. Its most defining characteristic is the immense land size, which ranks in the top tier for the entire city. While the home itself is modest in size and age compared to local averages, the property's overall assessed value is notably high, placing it within the top 6% of Winnipeg. The appeal here is squarely in the rare opportunity for significant space and privacy within city limits, trading a larger or newer house for vast land potential. This would suit buyers looking for a hobby farm, extensive outdoor projects, or future development, who are comfortable with a home that may require updates.
Key Details & Questions
What are the key features of this property?
The paramount feature is the 199,305 sqft (4.57-acre) lot, a rarity in Winnipeg. The home is a 1,236 sqft bi-level with a finished basement, built in 1971. It has no garage or pool.
What is the property’s value proposition?
It offers a unique balance of rural-scale land with city location. The value is in the land itself, making it a prime candidate for buyers whose priority is space over a modern or expansive residence.
Who is this property best suited for?
It’s ideal for buyers seeking privacy, space for animals, gardening, or workshops. It could also appeal to those with long-term vision for the land, as the existing home provides a liveable foundation.
How does it compare to others in the area?
The lot size surpasses almost all properties in Winnipeg. However, the house is older and smaller than most in its immediate street and community. This contrast is reflected in its high city-wide assessment ranking despite lower local rankings for the dwelling.
Are there any important considerations?
Prospective buyers should be prepared for the maintenance and potential costs associated with a very large lot. The age of the home suggests systems and components may need attention or updating.