565 Pepperloaf Crescent

Property Overview & Key Characteristics

This 1970-built bungalow in Roblin Park offers a rare combination of generous space and established charm. Its primary appeal lies in its substantial 12,536 sqft lot—a standout feature that ranks in the top 3% of all Winnipeg properties for land size. The home itself provides 1,692 sqft of living space, including a finished basement, and ranks comfortably above average in size for its street, neighborhood, and city. With an updated assessment value of $486,000, it sits in the top 20-30% of homes locally, suggesting solid intrinsic value.

The property’s appeal is multifaceted. It suits buyers looking for a single-story layout on a truly private, expansive lot with room for gardens, play, or future additions. Its strong rankings for lot size and living area, paired with a home that’s newer than most on its street, indicate a well-positioned property in a mature neighborhood. This home would particularly suit downsizers seeking main-floor living without sacrificing yard space, or growing families valuing both indoor square footage and unparalleled outdoor room in the city. A thoughtful perspective is the home’s "evolved stability"—it’s not the newest, but its above-average rankings across decades for size and value suggest a property that has consistently been a solid performer in its market tier.

Frequently Asked Questions

1. How does the 1970 build year compare to the neighborhood?
The home is actually newer than approximately 70% of other houses on its street and 67% within Roblin Park, placing it in the newer third of this established area.

2. What does the lot size ranking actually mean?
The property’s lot is larger than 97% of all residential properties in Winnipeg, making it exceptionally large for the city. This is its most competitive and rare feature.

3. The last sale was in 2016 for $400,000. How does that relate to today’s assessed value?
The 2016 sale price ranked higher than only about 35-36% of comparable sales at that time. The current assessment of $486,000 now ranks higher than 70-80% of properties, indicating a significant increase in its relative market position over the past eight years.

4. Is the finished basement included in the 1,692 sqft living area?
Typically, living area (sqft) refers to above-grade, heated space. The finished basement is an additional bonus area that adds functional space but is not included in that official figure.

5. What is the practical benefit of these "rankings"?
They provide a quick, data-driven snapshot of how this property compares to its immediate surroundings and the wider market. They show this home is a top-tier property for lot size, above-average for living space, and holds a strong value position, which can be reassuring for both lifestyle and investment considerations.