Property Overview: 5031 Roblin Boulevard, Winnipeg

Key Characteristics & Appeal

This is a substantial, well-established family home in the Ridgedale area, built in 1995. Its primary appeal lies in its generous scale and prime lot. The house itself offers over 2,500 sqft of living space, placing it in the top 5% of homes on its street and top 2% across Winnipeg for size. It sits on a large, approximately one-third-acre lot (14,765 sqft), providing significant outdoor space and privacy—a rarity in many urban settings. The property features an unfinished basement and an attached garage.

The data reveals a home that outperforms most of the market in key metrics. It ranks in the top 2-5% citywide for lot size, living area, and assessed value, suggesting a property that is both spacious and highly valued by the assessment authority. Its appeal is for buyers seeking a long-term family home with room to grow, garden, or entertain, and who value established neighborhoods. It would suit a family looking for more space than a typical suburban lot offers, or someone who appreciates the potential of an unfinished basement to customize to their needs. A less obvious perspective is that while the home is 31 years old, its rankings show it remains highly competitive in size and value against newer constructions, indicating enduring quality and desirability.

Frequently Asked Questions

1. What does the high citywide ranking (98th percentile) for lot size and living area actually mean?
It means this property is larger than 98% of all residential properties in Winnipeg in these categories. You are getting a home and yard that are exceptionally spacious compared to the vast majority of what's available on the market.

2. The basement is listed as unfinished. What are the implications?
This offers both opportunity and consideration. It provides significant potential for future customization (e.g., a rec room, home theater, or suite) to add value and living space. However, any development would require a full investment of time and capital, and it should be inspected to understand the current condition of the foundation, plumbing rough-ins, and moisture control.

3. How should I interpret the "assessment value" of $799,000?
This is the municipal government's valuation for property tax purposes. It is a strong indicator of the home's relative worth and is typically based on recent sales of comparable properties. While market value can be higher or lower, an assessment in the top 2% citywide firmly places this as a premium property.

4. The home is 31 years old. What should I be mindful of?
While the rankings suggest it has aged well compared to peers, a thorough inspection is crucial. Key systems like the roof, windows, HVAC, and major appliances may be nearing or past their typical lifespans and should be evaluated for potential upcoming maintenance or replacement costs.

5. Who is this home likely not suited for?
It may not suit first-time buyers or those seeking a low-maintenance, turn-key property. The unfinished basement implies a project, and the large lot and older home age suggest a commitment to ongoing upkeep. It's best for those ready to manage and invest in a substantial property.