531 Greenbrier Avenue

Property Overview

This is a classic, one-storey home in the established Roblin Park neighbourhood, built in 1946. Its defining feature is an exceptionally large, approximately 19,566 sqft lot, placing it in the top 1% of properties in Winnipeg for land size. The house itself offers 1,056 sqft of living space with an unfinished basement and a detached garage. While the home presents an opportunity for updates, its core appeal lies in the rare scale of its private outdoor space within the city.

Key Characteristics & Appeal

The primary draw of this property is its immense, flat lot—a true blank canvas in a mature area. This isn't just a backyard; it's a private park-like setting offering unparalleled potential for gardening, recreation, expansion, or future development, subject to zoning. The home suits buyers who value space and privacy over turn-key finishes. It’s ideal for a hands-on buyer looking to customize both the house and grounds over time, or for a family prioritizing room for children and pets to play. Its value proposition is land-centric: you are investing in a scarce commodity (the lot) with a functional house included. A thoughtful perspective is that the unfinished basement and the home’s era provide a straightforward opportunity to modernize systems and insulation to current standards during any renovation, potentially improving efficiency significantly.

Potential Buyer FAQs

1. What is the true potential of such a large lot?
   Beyond gardening and play space, the lot size may allow for significant additions, a future garage or workshop, or even subdivision potential. Any major changes would require verification with the City's planning department regarding zoning and bylaws.

2. What should I budget for updates or renovations?
   As a home from 1946, planning for updates to plumbing, electrical, and insulation is prudent. The unfinished basement offers easier access for these upgrades. Budgets will vary widely based on scope, from cosmetic updates to a full-scale renovation.

3. How does the 2017 sale price compare to the current assessment?
   The property sold for $330,000 in 2017 and now has a municipal assessment of $389,000. This change reflects market movement and the city's valuation model, but the final sale price is determined by the current market.

4. What are the rankings next to each feature?
   These show how this property compares to others locally. For example, its lot size ranks in the top 1% city-wide, while its living area is more average. This helps highlight its standout feature (the land) versus areas that may be typical for its vintage.

5. What is the neighbourhood like?
   Roblin Park is a long-established, quiet neighbourhood with a mix of original and updated homes. The large lot sizes are a known characteristic, with this property being a prime example. It offers a secluded feel while remaining within city limits.