5332 Rannock Avenue

Property Overview & Key Characteristics

This one-storey home in Roblin Park is defined by its exceptionally large, 15,161 sqft lot, which places it in the top 2% of all properties in Winnipeg for land size. Built in 1946, the 1,080 sqft house features a finished basement and a detached garage. Its appeal is firmly rooted in its land value and potential. The property offers a rare opportunity for a spacious, private backyard in the city, suited for extensive gardening, recreation, or future expansion. It ranks highly within its neighborhood and city for lot size but is a more average performer in terms of living space, age, and assessed value.

This home would best suit a buyer who prioritizes outdoor space over a modern or large interior. It's ideal for someone with a vision—whether that's enjoying an established, park-like yard, planning a significant renovation or addition to the existing bungalow, or considering the long-term potential of the land itself. The numbers suggest you're buying into a desirable location and a premium lot, with a house that may require updates to match.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in Roblin Park, and across all of Winnipeg. They confirm the lot size is a standout feature city-wide, while the home's age and size are more typical for the area, giving you a clear picture of where its value lies.

2. Is the house in original condition?
Given its 1946 build date, it is very likely that the home retains original character elements and would benefit from modernization. The finished basement adds living space, but the overall condition of major systems (roof, plumbing, electrical) should be verified.

3. What can I do with such a large lot?
Beyond a generous garden, the lot size opens possibilities not available with standard parcels. Depending on local zoning, options could include adding a large workshop, creating a suite (subject to regulations), or simply enjoying unparalleled private outdoor space.

4. Why is the assessed value ranking lower than the lot size ranking?
The assessment reflects the current total property value as determined for tax purposes. The disparity suggests the assessor sees more value in the land than in the existing structures, which is common for older homes on large lots.

5. What is the neighborhood like?
Roblin Park is a mature, established neighborhood. The high lot-size ranking within the community itself indicates this is among the larger properties in the area, offering more privacy and space than many of its neighbors.