5397 Rannock Avenue

Property Overview: 5397 Rannock Avenue, Roblin Park

Key Characteristics & Appeal

This 1979-built, single-storey home in Roblin Park offers a well-balanced package centered on space, location, and value. Its primary appeal lies in its generous 8,480 sqft lot—a significant size that ranks within the top 10% of all properties in Winnipeg—providing ample room for gardening, recreation, or future expansion. The 1,306 sqft living area is complemented by a finished basement, offering flexible space for a growing family or hobbies. Practical features include an attached garage and a functional layout typical of the era.

The home’s strength is its competitive positioning within a desirable neighbourhood. It presents a compelling value proposition, with an assessed value that places it in the top quarter of Winnipeg properties. It particularly suits buyers seeking a established, quiet community with larger lot sizes, who are comfortable with a home of this vintage and may see potential in its good structural ranking relative to its street and area. It’s a practical choice for those prioritizing land and location over a modern, turn-key interior, appealing to first-time buyers looking for a solid foundation or downsizers wanting single-level living without sacrificing outdoor space.

Frequently Asked Questions

1. What does the ranking data actually mean for this home?
The rankings show the home performs very well in lot size and assessed value city-wide. While its interior space and age are above average for Winnipeg, they are more typical within its own community, indicating you are paying primarily for the land and location.

2. Is the finished basement included in the 1,306 sqft living area?
No, typically the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space.

3. What are the potential considerations with a 47-year-old home?
While the home ranks as newer than most on its street, a buyer should budget for updates to major aging components like the roof, windows, or HVAC system, and consider the style and condition of the original interior finishes.

4. How does the lot size impact costs and usage?
The large lot offers great privacy and potential, but also means higher property taxes relative to smaller lots and requires more time or expense for maintenance (lawn care, snow clearing).

5. Why is the community ranking for lot size lower than the city ranking?
This indicates that large lots are a common feature in Roblin Park. While the lot is excellent by city standards, it is more the norm within this specific neighbourhood, which is known for its spacious properties.