Property Overview & Key Characteristics
This is a truly unique property, defined by its exceptionally large scale. The primary appeal lies in its massive land size of over 4.2 million square feet (approximately 96 acres) and a very spacious single-storey home of over 4,500 sqft, situated within a Winnipeg neighbourhood. It represents a rare opportunity to own a vast, private tract of land without leaving the city, blending residential comfort with the potential of a substantial land holding.
Its key characteristics include a split garage, no basement, and a 1959 build date. The data reveals a compelling contrast: while the house itself is older and ranks lower in age comparisons, it excels in sheer size, ranking in the top tier for both living area and lot size against nearly all local comparables. The high assessed value reflects this unique combination.
This property would best suit a specific type of buyer: someone seeking immense privacy and space, potentially for multi-generational living, extensive hobbies, or with a long-term vision for land use. It could appeal to an investor or developer with an eye on future potential, or a buyer who values the feeling of a rural retreat within city limits. It is less suited for those seeking a modern, low-maintenance home or a typical suburban lot.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, its land size is larger than 100% of compared homes in its community and Winnipeg, placing it in the top 0%. Conversely, its 1959 build date is older than most comparable properties, which is reflected in a lower ranking for age.
2. Is the land size a typo? Over 4 million square feet?
No, this is the figure listed. It indicates a property of extraordinary scale, far beyond a standard residential lot. Prospective buyers should verify the exact surveyed boundaries and any applicable zoning regulations to understand the full scope and permitted uses.
3. Why is there no basement?
Many single-storey homes from this era, especially on large lots, were built without basements. This can be a feature for those concerned about moisture or preferring single-level living, but it does reduce conventional storage or development space below ground.
4. The house is older and ranks low for age, but high for size and value. What's the trade-off?
The trade-off is classic: you are investing primarily in the immense land asset and spacious floor plan, not in a recently built structure. The value is in the land and the square footage, not the modernity of the home. A buyer should be prepared for the maintenance or update needs typical of a home of this age.
5. What should I consider that isn't obvious from the data?
Consider the ongoing property tax implications of such a high assessment on a large urban acreage. Also, think about the practicalities and costs of maintaining 96 acres (lawn care, fencing, security). Finally, investigate the zoning closely—understanding what you can and cannot do with this unique land parcel is crucial to realizing its value for you.