Property Overview

This 1972-built bungalow on a large, 11,722 sqft lot in Roblin Park offers a classic and spacious family footprint. Its key appeal lies in the combination of a generous, mature property with a practical, single-level living layout that includes a finished basement. The home's competitive rankings are noteworthy: it sits in the top 4% of Winnipeg for lot size and the top 20% for assessed value, indicating a premium property relative to the broader market. However, its age and interior size are more in line with neighborhood averages. This property would best suit buyers looking for established character, ample outdoor space for gardening or play, and the flexibility of a bungalow with developed living space on both levels. It’s a solid choice for a family seeking a long-term home in a mature area, where the land itself represents a significant portion of the value and future potential.

Key Questions for Consideration

1. What does the "finished basement" entail? Given the home's age, understanding the finish quality, ceiling height, legal egress, and any updates to plumbing or electrical in the basement is crucial for assessing its true living space and safety.
2. How has the 54-year-old major system been maintained? Inquiries should focus on the age and condition of the roof, foundation, windows, and major mechanicals like the furnace and water heater, as these represent key upcoming capital costs.
3. What is the zoning and development potential of the lot? The exceptionally large lot size may offer future opportunities beyond the current home, such as additions, a garage suite, or subdivision, subject to local bylaws.
4. How does the property's value trajectory compare? The assessment places it in the top third of the neighborhood. Understanding recent sale prices of similar homes on large lots in Roblin Park will clarify if this premium is consistent with the current market.
5. What is the lived experience of the location? Beyond rankings, practical factors like traffic on Pepperloaf Crescent, pedestrian access to parks or the river, proximity to schools, and the typical neighbor profile will define daily life.