Property Overview: 2006 Loudoun Road
Key Characteristics & Appeal
This is a distinctive, one-storey family home in Winnipeg's Wilkes South neighbourhood, built in 2004. Its most defining feature is the exceptionally large, private lot of approximately 109,000 square feet (2.5 acres), a rarity within the city that places it in the top tier of all Winnipeg properties for land size. The 2,328 sqft living area is also spacious, ranking well above average locally. While the home itself is now 20 years old, its scale and land offering provide a unique canvas.
The appeal lies in the balance of established community living with unparalleled private outdoor space. It suits buyers looking for room to breathe, garden, or play without leaving the city—ideal for multi-generational families, those with pets, or anyone valuing long-term privacy and expansion potential. The 2020 sale price of $750,000, against a current assessment of $804,000, suggests a property holding solid value in a niche market. It’s a home for a buyer who sees the land as the primary asset, with the comfortable, single-level house as a strong foundation to customize over time.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 0% in Winnipeg for land") actually mean?
It means this property's lot size is larger than 100% of the compared residential properties in Winnipeg's database, placing it in an extremely rare category. This is its most competitive and unique attribute.
2. Is the house in need of major updates due to its age?
Built in 2004, major structural systems (roof, windows) may be approaching or in need of scheduled replacement. A thorough inspection is advised to plan for upcoming maintenance, common for homes of this vintage.
3. What are the annual property taxes?
Based on the current assessed value of $804,000, you can estimate taxes using Winnipeg's current mill rate. It's recommended to calculate this figure precisely, as taxes on a property of this value will be a significant ongoing consideration.
4. How does the lack of a basement impact storage and utility space?
The home has no basement, so all living, storage, and mechanical systems are on the main floor. The large footprint of the house and potential for garage storage offset this, but it's a layout preference to consider.
5. The lot is huge. Are there any restrictions on how it can be used?
While offering great privacy, all uses are subject to Winnipeg zoning bylaws. Potential for additions, outbuildings, or subdivision (if ever considered) would require verification with the city, as rules for such large parcels can be specific.