Property Overview: 1948 Loudoun Road, Winnipeg
Key Characteristics & Appeal
This is a substantial, modern property situated on an exceptionally large lot of approximately 2.5 acres (109,002 sqft) in the Wilkes South neighbourhood. Built in 2004, the 2,571 sqft bi-level home features a finished basement and a split garage. Its standout feature is the land itself—the lot size ranks in the top tier for all of Winnipeg, offering a rare degree of privacy and space within the city. The home's living area and assessed value also place it well above average locally, indicating a sizeable and well-appointed residence.
The appeal lies in the unique combination of a contemporary, low-maintenance home with a sprawling, rural-like parcel of land. It suits buyers looking for space without a long commute, such as multi-generational families, those who desire extensive gardens or outdoor hobbies, or anyone seeking a private retreat. The strong rankings across metrics suggest a property that is not only large but also competitively positioned in terms of value and modern amenities for its area.
Frequently Asked Questions
1. What does the "bi-level" design mean for daily living?
A bi-level typically features a main living area accessed by a short flight of stairs from the entry, with bedrooms often on a lower level. This can create distinct living zones and efficient use of space, but it involves more stairs than a bungalow.
2. The lot is enormous. What should I consider with this much land?
Beyond the obvious benefits, consider the ongoing maintenance (lawn care, landscaping, snow clearing) which will require significant time or the cost of contracting it out. Also, verify any local bylaws regarding land use, outbuildings, or fencing.
3. The assessed value is notably high for the area. What does this indicate?
A high assessment relative to neighbours generally reflects the property's superior attributes—in this case, the extremely large lot and the modern, above-average-sized home. It's a strong indicator of the property's premium position in the market.
4. Are there any drawbacks to a 2004 build?
Homes from this era are modern but may be due for updates to cosmetic features like flooring or countertops that are now 20+ years old. It's also within the age range where major components like the roof, HVAC, or appliances might need evaluation or replacement soon.
5. How does the split garage function?
A split garage typically means two separate single-car garage doors side-by-side, rather than one large double door. This can be advantageous for separating workshop or storage space but may feel tighter for parking larger modern vehicles.