Property Overview

This home at 690 Cloutier Drive is a substantial property defined by its generous scale and prime lot. Its primary appeal lies in offering elite-level space both inside and out, within a mature, established neighbourhood. The house itself is a two-storey with over 3,600 square feet of living space, placing it in the top 1% city-wide for size. It features a renovated basement and significant garage space with both attached and detached options. The true standout, however, is the nearly 1.7-acre lot (73,651 sq ft), which is exceptionally private and spacious, ranking in the top 1% of all residential lots in Winnipeg. While the home's 1968 build date is older than most on its street, it presents a solid foundation, likely appealing to those who value character, established landscapes, and the potential for customization.

This property is ideally suited for buyers seeking a rare combination of urban convenience and rural-like privacy. It would fit a multi-generational family needing ample interior space, an enthusiast requiring multiple garages or outbuilding potential, or anyone who prioritizes extensive outdoor living, gardening, or recreational space over a brand-new build. It’s for a buyer whose vision values land and volume as premium assets.

Frequently Asked Questions

1. How does the age of the home (built in 1968) affect its value?
While older than many neighbouring homes, the property’s value is heavily anchored in its irreplaceable lot size and interior square footage. The renovated basement is a positive update. Buyers should budget for potential updates to major systems (like roof, HVAC, or windows) consistent with a home of this age, but can also appreciate the character and established neighbourhood feel that comes with it.

2. What is the significance of having both an attached and a detached garage?
This offers exceptional flexibility. It provides ample space for multiple vehicles, workshops, or hobbies. The setup is ideal for a household with several drivers, a car enthusiast, or someone who wants clear separation between daily-use parking and a dedicated project or storage space.

3. The lot is enormous. What should I consider with this much land?
Consider both the opportunity and the responsibility. It allows for incredible privacy, potential for gardens, pools, sports courts, or future additions. However, maintenance (like lawn care, snow clearing, and landscaping) will be more costly and time-consuming than a standard city lot. It’s also worth investigating any zoning bylaws regarding potential sub-division or allowable outbuildings if that is of interest.

4. The home last sold in 2018 for $680,000, but is now assessed at $1.08M. What does this mean?
The assessed value is used for municipal tax purposes and indicates a significant increase in the property’s estimated market value over six years. This jump likely reflects strong market appreciation and the unique, high-value attributes of the lot and living space. The sale price will be determined by the current market, but the assessment suggests it is a high-calibre property.

5. Who would this property not be a good fit for?
It may not suit buyers seeking a modern, low-maintenance, or "turn-key" new build without any projects. The scale of the home and land requires a commitment to upkeep. It’s also likely not ideal for those who prefer a sleek, contemporary streetscape, as the character is that of a mature, established area.