5332 Roblin Boulevard

Property Summary

This 1950s one-storey home on Roblin Boulevard is defined by its exceptionally large, approximately 19,111 sqft lot in the established Roblin Park neighbourhood. The house itself, at 991 sqft with an unfinished basement, is modest in size and condition, but the property's primary appeal lies in its land value and future potential. It ranks in the top 2% of Winnipeg for lot size, offering a rare suburban-like parcel within the city. The home would suit a buyer looking for a long-term project—whether that's a major renovation, a potential rebuild, or simply enjoying expansive outdoor space. It’s a property purchased more for its land and location than its current dwelling, ideal for an investor, a builder, or a visionary homeowner willing to invest sweat equity over time. A less obvious perspective is its appeal to multi-generational families, where the vast lot could accommodate future additions or separate living spaces.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Roblin Park, and across all of Winnipeg. Key takeaways: its lot size is in the 98th percentile city-wide (exceptionally large), while the house itself is older and more modest than most in its immediate area.

2. Is the house in livable condition, or is it a teardown?
The listing notes an unfinished basement and does not highlight recent upgrades, suggesting the home is likely in original or dated condition. It is likely livable but would require modernization and maintenance. The value is primarily in the land.

3. What can be done with such a large lot?
Beyond a spacious yard, the lot size opens possibilities not found on standard parcels: adding a large garage or workshop, creating extensive gardens, subdividing (subject to city approval), or building a significant addition. The unfinished basement also allows for customization.

4. Why is the assessed value relatively low compared to the lot size?
Municipal assessments factor in the existing dwelling's age, size, and condition. The current assessment reflects the modest 991 sqft home more heavily than the land's development potential, which is often realized at market sale.

5. What are the immediate costs or considerations?
Buyers should budget for updating an older home (roof, windows, mechanical systems) and maintaining a large property (landscaping, taxes). An inspection is crucial to understand the scope of work needed on the 76-year-old structure.