195 Glenbush Street

Property Overview

This 1956 one-storey home in Roblin Park is defined by its exceptionally large, nearly 20,000 sqft lot—a rare find within the city that places it in the top 1% of Winnipeg properties for land size. The house itself is a modest 984 sqft bungalow with an unfinished basement and a detached garage. Its key appeal lies not in the home's current condition or size, but in the immense potential of its land. The property suits two distinct types of buyers: those with a long-term vision for building or extensive renovation who value land over existing structure, and those seeking unparalleled outdoor space for gardens, recreation, or privacy in a mature neighbourhood. A less obvious perspective is its value as a "legacy lot," offering future generations a substantial parcel of land in an established area that is increasingly difficult to replicate.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Roblin Park, and across all of Winnipeg. For example, being in the top 1% for land size city-wide highlights its most exceptional feature, while the lower rankings for living area and assessed value reflect the modest nature of the existing home.

2. Is the house in need of major updates?
Given its age (70 years) and the presence of an unfinished basement, buyers should anticipate typical maintenance and potential updating for systems, insulation, and finishes. The condition presents a canvas for customization.

3. How does the 2019 sale price relate to the current assessment?
The property sold for $320,000 in 2019 and is now assessed at $373,000. This increase reflects market trends and the assessed value for taxation, not a guaranteed sale price.

4. What are the possibilities for the large lot?
Beyond a spacious yard, the lot could potentially accommodate additions, a garden suite (subject to zoning approval), or simply remain as a private, park-like retreat. Its size is its primary asset.

5. Who is this property not well-suited for?
It is likely not ideal for buyers seeking a modern, move-in-ready home or those who prefer low-maintenance, small-lot living. The value here is in the land and long-term potential, not immediate convenience.