Property Overview & Key Characteristics

This two-storey home in Bruce Park is defined by its substantial lot and generous living space. The nearly 12,000 sqft property lot is a standout feature, placing it in the top quarter of homes on Assiniboine Avenue and the top 8% within the neighbourhood, offering rare potential for privacy, expansion, or landscaping. Built in 1960, the home itself is above average in size at 2,252 sqft, ranking in the top 5% of Bruce Park for living area. It features an attached garage and a renovated basement, adding functional space. The assessed value reflects its premium positioning, ranking in the top 3% of the neighbourhood.

The appeal lies in a combination of established prestige and tangible space. It’s not just a large home, but a property on a significantly larger-than-average parcel of land in a sought-after area. This suits buyers looking for a long-term family home with room to grow, those who value outdoor space and established gardens, or investors/renovators who see the underlying value in the land itself. It’s a property for someone who appreciates traditional neighbourhood character and has the vision to either maintain or modernize a solid, spacious 1960s build.

Frequently Asked Questions

How does the lot size compare to a typical city lot?
The 11,890 sqft lot is substantially larger than the Winnipeg average of approximately 6,570 sqft, placing it in the top 4% city-wide. It offers more than double the outdoor space of many standard suburban lots.

Is the 1960 build date a concern?
While the home is from 1960, its assessed value ranks very highly, indicating it has been maintained or updated to a standard that keeps it competitive. The renovated basement is a noted improvement. Buyers should still consider a thorough inspection for systems typical of that era.

What does the high assessed value ranking mean?
Ranking in the top 3% in Bruce Park and top 5% city-wide for assessed value means the property is officially valued among the most substantial homes in the area. This often correlates with desirability, but the final sale price is determined by the market.

The home last sold in early 2020. What should I consider?
The 2020 sale provides a historical price point, but market conditions have likely shifted. This gap underscores the importance of a current market evaluation to understand its present value relative to the assessed value and recent neighbourhood sales.

Who would this property not suit?
It may not be ideal for buyers seeking a modern, low-maintenance, or brand-new build without any renovation projects. The scale of the lot and the older home likely require more upkeep and a greater investment of time or resources than a newer property on a standard lot.