Property Summary: 623 Community Row, Winnipeg

Section 1: Overview & Appeal

This property is defined by its substantial, mature lot and a classic one-and-a-half storey home built in 1947. Its primary appeal lies in the exceptional outdoor space—a 15,490 sqft lot that ranks in the top 2% for size across all of Winnipeg. This offers rare potential for gardening, recreation, expansion, or simply enjoying a large, private yard in the city. The home itself, with 980 sqft of living space and an unfinished basement, presents a straightforward, functional layout.

Its strongest suit is for a buyer who values land over a turn-key modern home. It would perfectly suit a hands-on purchaser—a renovator, a gardener, or a family seeking space for children and pets—who sees the foundation and the expansive lot as a long-term canvas. The rankings indicate a property that is an outlier in its land size but is otherwise average or below average in metrics like living area and assessed value for its immediate area, suggesting the value proposition is heavily weighted toward the land itself. It’s a property where the real work and future potential are outdoors, offering a lifestyle of space and privacy that is increasingly difficult to find.

Section 2: Key Considerations (FAQs)

1. What does the "one-and-a-half storey" design mean?
Typically, this style features a full main floor and a second floor with sloped ceilings where the roofline begins, often creating cozy bedrooms or attic-style spaces. It’s a classic, efficient design common to the era.

2. The lot size is a major feature. Are there any restrictions on its use?
While the lot is exceptionally large, buyers should always verify zoning bylaws with the city to understand permissible uses for any potential additions, outbuildings, or subdivision plans.

3. The home ranks low on "newness" and assessed value for its street. What does this imply?
This highlights that the existing house is modest and dated relative to neighbors. The assessed value reflects the current state of the structure. The opportunity lies in the land value and the potential to increase the home's value through updates.

4. Is the unfinished basement a drawback or an opportunity?
It’s a blank slate. While it requires investment to finish, it offers flexible space for storage, utilities, and future development like a rec room or additional bedrooms, subject to local building codes.

5. Who is this property not ideally suited for?
It is likely not the best fit for someone seeking a modern, low-maintenance home ready for immediate move-in without any projects. The appeal is geared toward those willing to invest time or capital into the property over time.