1952 McCreary Road — Property Summary
Key Characteristics & Buyer Profile
This property stands out primarily for its exceptional scale. With 3,350 square feet of living space and a land area of 210,330 square feet (roughly 4.8 acres), it ranks in the top 1% citywide for both metrics. The assessed value of $1.25 million also places it in the top 1% across Winnipeg, though it sits closer to the average for its own street and neighbourhood.
What makes this property unusual is the contrast between its local and citywide standing. On McCreary Road and within Wilkes South, the home is competitive but not extraordinary—similar-sized lots and values are common in the area. Citywide, however, it enters elite territory, especially in land area. This suggests the property appeals to buyers who want space and privacy without being the largest or most expensive home on their block.
The year built (1999) is relatively recent compared to the citywide average of 1966, though it is consistent with the neighbourhood norm. Buyers looking for a newer build with established landscaping and mature trees in the area would find this appealing.
This property would suit: buyers relocating from denser parts of the city who want acreage without moving to a rural municipality; families who need substantial indoor and outdoor space but prefer an established neighbourhood over a new subdivision; or someone looking for a long-term property where the land itself holds increasing value.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
At $1.25 million, the assessed value is slightly above the street average of $1.16 million and well above the neighbourhood average of $968,900. It ranks 26th out of 65 homes on McCreary Road and 48th out of 246 in Wilkes South. The value aligns with the home's size rather than exceeding it dramatically.
2. Is the land area typical for this neighbourhood?
On the street, the lot is slightly above average—McCreary Road lots average 164,717 square feet, and this one is 210,330 square feet. In the wider neighbourhood, it ranks in the top 18%. So while it is large, it is not an outlier for the area.
3. What does "top 1% citywide" actually mean for living area and land?
It means that out of nearly 200,000 comparable residential properties in Winnipeg, fewer than 2,000 have more living space or a larger lot. This is a genuinely rare combination at the city level, even if it feels typical on this street.
4. How does the age of the home affect its appeal here?
Built in 1999, the home is newer than most Winnipeg properties (median year built is 1966) but right in line with the neighbourhood average. Buyers can expect modern construction standards without the premium often attached to brand-new builds. Systems like HVAC, roofing, and windows are likely due for evaluation given the home is now 25+ years old.
5. Is this property better suited as a primary residence or a land investment?
It could work as either, depending on the buyer's goals. The home itself is habitable and well-sized, so it functions immediately as a comfortable family home. At the same time, the land area—especially given its citywide rarity—holds long-term appreciation potential, particularly if the area densifies or zoning changes occur. It is not a teardown, but the land value is a significant part of the overall picture.