Property Overview: 1792 Loudoun Road, Winnipeg
Key Characteristics & Appeal
This is a substantial, well-established property in the Wilkes South neighbourhood, built in 2002. Its primary appeal lies in its exceptional land size of approximately 2.5 acres (109,002 sqft), a rarity within Winnipeg that places it in the top tier of all city properties for lot size. The two-storey home offers 2,240 sqft of living space, which is also well above the city average, and includes a finished basement and a combination attached/detached garage setup.
The appeal is for a buyer seeking space, privacy, and long-term value in a mature setting. It perfectly suits someone looking for a rural-like footprint—room for gardens, recreation, or potential outbuildings—without leaving the city. It would also fit a multi-generational family or a buyer who values the established character of a neighbourhood over a brand-new build. A less obvious perspective is the value of the land itself as a legacy asset; in a market where large lots are increasingly scarce, this property offers a permanent sense of scale and possibility that newer subdivisions often cannot match. The strong assessment value rankings suggest it is a solid, premium asset within its community.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, wider neighbourhood, and all of Winnipeg. For example, its land size ranks in the top 0% city-wide, meaning it's larger than 100% of compared properties, highlighting its most unique feature.
2. Is the 2.5-acre lot usable, or is it ravine or floodplain?
The listing notes a "地图与街景" (map & street view) link. Prospective buyers should use this tool and conduct due diligence to verify the topography, any environmental constraints, and the exact usable portion of the lot, as this is a critical factor for its value.
3. The home was built in 2002. What should I expect regarding updates?
As a 24-year-old property, major systems (roof, HVAC, windows) may be nearing or due for replacement. The condition of the finished basement should be carefully inspected for any moisture issues common in older Winnipeg homes.
4. What are the practical implications of a combined attached/detached garage?
This setup offers excellent flexibility—potentially separating workshop or hobby space from daily vehicle storage. However, it also means maintaining two structures. Consider the cost and convenience of heating and accessing the detached garage, especially in winter.
5. Why is the assessed value ($871,000) a key data point here?
In a stable market, assessment value often aligns with market value for unique properties. This high assessment, ranking in the top 2% of Winnipeg, formally recognizes the premium placed on the combination of land and improvements, which can be reassuring for financing and resale.