Property Overview
This is a distinctive, single-storey home in Winnipeg's Wilkes South neighbourhood, built in 1996. Its defining feature is an exceptionally large, private lot of approximately 108,853 square feet (2.5 acres), a rarity within the city that offers immense potential. The house itself is a comfortable 1,472 sqft bungalow with a finished basement and a combined attached/detached garage setup. Recent market activity is reflected in its December 2023 sale price of $665,000 and a current assessed value of $710,000.
Key Characteristics & Appeal
The primary appeal of this property is its extraordinary land. The lot size ranks in the top tier for all of Winnipeg, providing unparalleled space for privacy, recreation, gardening, or future expansion. It suits buyers seeking a rural-like sanctuary without leaving the city limits—ideal for those with hobbies, multiple vehicles, pets, or a vision for extensive outdoor living. The home offers solid, move-in-ready basics with the bungalow layout being appealing for its main-floor living. A thoughtful perspective is that this property represents a land-value opportunity; the house provides functional shelter, but the true and lasting value lies in the scarce and sizable parcel it sits on. It would particularly suit a buyer whose priority is space over sheer interior square footage, or an investor/developer who recognizes the long-term potential of such a large urban lot.
Frequently Asked Questions
1. What can the land be used for?
The massive 2.5-acre lot is private residential property. It offers potential for extensive landscaping, large gardens, outdoor entertainment spaces, or the addition of outbuildings (subject to City of Winnipeg bylaws and zoning regulations).
2. Is the property in a flood zone or have any land use restrictions?
Prospective buyers must conduct their own due diligence with the city to confirm any development restrictions, easements, or environmental considerations related to a lot of this size and location.
3. Why is there a difference between the recent sale price and the current assessed value?
The assessed value is the city's valuation for property tax purposes, which can lag behind or differ from the current market. The December 2023 sale price is a concrete market transaction that may reflect more recent conditions.
4. What does "连体+分体" garage mean?
This indicates a combination of an attached garage (连体) and a detached garage (分体), providing flexible vehicle storage or workshop space.
5. The home's size and age rank lower in its immediate area—does this matter?
This highlights the unique character of the property. While the house itself is more modest compared to some neighbours, its competitive advantage isn't interior size but the vast land. It appeals to a different priority set.