191 Glenbush Street

Property Overview: 191 Glenbush Street

This unique property in Roblin Park presents a compelling opportunity defined by its substantial land and modest home. Its primary appeal lies in the rare combination of a very large, nearly 20,000 sqft lot in a well-regarded neighborhood with a smaller, vintage 1.5-storey home built in 1956. The appeal is not in luxurious finishes or ample square footage—the living space is a cozy 741 sqft—but in the immense potential of the land itself. The home features a finished basement and a detached garage.

This property would perfectly suit a buyer with a vision, whether that's extensive gardening, future expansion, or eventual redevelopment. It's also a practical entry point into a desirable area for those comfortable with a smaller footprint who value outdoor space over interior size. The data suggests it's a standout for its lot size but requires an appreciation for older homes and a willingness to invest in updates or creative planning.

Key Considerations & FAQs

1. What does the ranking data actually tell me?
   The rankings show this property is exceptional for its massive lot size (top 1% in Winnipeg) but very modest in living space. The home itself is older and smaller than most in the area, which is reflected in its assessment value ranking. This highlights the property's nature: the value is heavily weighted toward the land.

2. Is the house livable as-is, or is this a teardown?
   With a finished basement, it is certainly livable. However, its smaller size and 70-year-old age mean it likely suits a minimalist lifestyle or would benefit from modernization. A buyer should be prepared for the maintenance typical of a home of this era.

3. What can I do with such a large lot?
   The possibilities are a major draw. Beyond a sprawling garden or private outdoor space, the lot size could potentially accommodate additions, a workshop, or even future subdivision, subject to all city zoning and bylaws. It offers rare flexibility in a mature neighborhood.

4. How does the assessment value relate to the asking price?
   The assessment is a snapshot for municipal tax purposes. In a case like this, where the land value significantly outweighs the improvement (house) value, the market price may be influenced more by the development potential of the lot than the assessment total.

5. What are the less obvious costs or considerations?
   Consider utility costs for heating an older, potentially less efficient home, and budget for ongoing upkeep. Also, while the large lot is an asset, it requires maintenance (mowing, landscaping). It’s wise to investigate any long-term community plans or zoning restrictions that might affect future use of the land.