Property Overview: 1964 McCreary Road
Key Characteristics & Appeal
This is a spacious, single-family home on an exceptionally large lot in Winnipeg's Wilkes South neighborhood. Built in 1999, the 1,767 sqft one-storey home sits on over 105,000 sqft of land, which is its most defining and rare feature. The property includes an attached garage and an unfinished basement, presenting a classic floor plan with significant room for expansion or customization.
The primary appeal lies in its extraordinary land size, offering immense privacy and potential not commonly found in the city. It suits buyers looking for a rural-like setting within city limits—ideal for those wanting extensive gardens, recreational space, or future development. The home itself, while not recently built, offers solid fundamentals and ranks highly city-wide for both lot size and assessed value, indicating a strong underlying asset. It’s a match for buyers who prioritize land over a turnkey luxury finish, seeing value in the canvas the property provides rather than just the existing structure.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in its neighborhood, and across all of Winnipeg. For example, its lot size ranks in the top 0% city-wide, meaning it's larger than 100% of compared properties, highlighting its rarity.
2. Is the land usable as-is, or are there restrictions?
While the lot is vast, prospective buyers should verify zoning with the city to understand allowable uses, potential for subdivision, or any environmental considerations that might affect building or landscaping plans.
3. The basement is unfinished. What would be involved in completing it?
Finishing the basement would add significant liveable space. Buyers should budget for and investigate standard finishing costs, while also checking for proper moisture protection and ceiling height to ensure a comfortable renovation.
4. How does the 1999 build year affect the home?
A home from this era will likely have modern wiring and plumbing standards but may be due for updates to key components like the roof, HVAC system, or windows in the coming years. A thorough inspection is advised.
5. The assessed value is noted at $759,000. How should I interpret this?
The assessed value is for municipal tax purposes and is a professional estimate of the property's value as of a prior date. It can be a useful benchmark, but the final market price is determined by current buyer demand and negotiation.