62 Miramar Road

Property Summary: 62 Miramar Road, Winnipeg

Section 1: Overview & Appeal

This is a distinctive, one-storey home in Roblin Park, built in 1946, that offers a rare blend of generous land and a quiet, established neighborhood feel. Its key characteristic is an exceptionally large, nearly 21,000 sqft lot, placing it in the top 1% of properties in Winnipeg for land size. The home itself is a modest 1,368 sqft bungalow with a finished basement and an attached garage.

The primary appeal lies in the property's immense potential and privacy. The vast yard is a blank canvas for gardening, recreation, or future expansion, offering a level of space and tranquility uncommon within the city. It suits two main types of buyers: first, those seeking a solid starter home in a desirable area with the long-term option to renovate or rebuild to their taste on a fantastic lot. Second, it appeals to buyers who prioritize outdoor space and privacy over a large or modern house, valuing room to breathe and create their own oasis.

A less obvious perspective is the value of the home's age. While it requires an appreciation for older builds, its 1946 construction often means simpler, more robust construction methods and mature, established trees and landscaping that can't be replicated quickly on a new lot.

Section 2: Key Considerations (FAQs)

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Roblin Park, and across all Winnipeg. For example, its land size ranks in the top 1% city-wide, which is exceptional. Conversely, its 1946 build year is older than about 79% of Winnipeg homes, indicating a property that will likely require updates or maintenance consistent with its age.

2. Is the house in original condition?
The listing notes a finished basement, but the age of the home suggests that major systems (like roof, plumbing, electrical, and windows) may be original or dated. A thorough inspection is highly recommended to understand the condition and any needed investments.

3. What is the potential for adding on or rebuilding?
The vast lot is the key asset here. It provides ample "footprint" space for significant additions or even a future new build, subject to local zoning bylaws. This makes the property a long-term investment for someone looking to ultimately create a custom home in a prime location.

4. Who is the typical buyer in Roblin Park?
Roblin Park is a mature, well-regarded neighborhood. It typically attracts families and professionals seeking a stable community with good access to parks, schools, and amenities, without being in a brand-new subdivision.

5. How does the assessment value relate to the asking price?
The municipal assessment is $456,000, which is a tax valuation and not a market price. It does, however, indicate that the city assesses the property's value as being in the top 25% to 30% locally. The final sale price will be determined by current market demand for a unique property of this type.