653 Pepperloaf Crescent

Property Overview: 653 Pepperloaf Crescent

Key Characteristics & Appeal

This is a well-established, one-and-a-half storey home in Roblin Park, sitting on a generous, mature lot of over 8,000 square feet. Built in 1946, the home offers 1,008 square feet of living space and features a finished basement and a detached garage. Its core appeal lies in its location within a quiet crescent and the substantial lot size, which is notably larger than most in the immediate area, offering privacy and space for gardens or recreation that is hard to find closer to the city core.

The property’s rankings provide a grounded perspective: while the home itself is modest in size and age compared to neighbors, the lot is its standout asset, ranking in the top 10% of the street. This creates a unique value proposition—it’s a chance to own a significant piece of land in a established neighborhood. The home would suit a buyer looking for a solid starter home or downsizer with room to breathe, who values outdoor space over a large interior footprint and is comfortable with the character and maintenance considerations of an older home. It’s a property where the land is the primary long-term asset, with the house offering functional living space.

Frequently Asked Questions

1. What does the "one-and-a-half storey" design mean?
Typically, this style features a main floor with principal rooms and a second floor with sloped ceilings (following the roofline), often housing bedrooms. It’s a classic Winnipeg design that maximizes space in a charming, efficient footprint.

2. The lot is large, but the house is smaller. Is there potential to expand?
The significant lot size does present a clear opportunity for future expansion, such as an addition or a large deck. Any buyer should consult with the city on zoning bylaws and setback requirements to understand the precise possibilities.

3. How should I interpret the provided ranking statistics?
These rankings compare this property against others on its street, in Roblin Park, and across all of Winnipeg. For example, ranking in the "top 11%" for lot size city-wide highlights how unusually large the parcel is. Conversely, rankings for age and living area confirm it is a more compact, older home in its local context.

4. What are the considerations with a home built in 1946?
While offering charm and sturdy construction, systems like plumbing, electrical, and insulation may be original or dated. A thorough inspection is essential to understand the condition and plan for any updates, which can be a chance to customize over time.

5. The assessment value is noted; how does this relate to the list price?
The municipal assessment ($339,000) is for tax purposes and is based on mass appraisal techniques from a prior date. The list price is set by the seller based on current market conditions. The two figures can differ, and the assessment is one data point among many in determining market value.