Property Summary

Key Characteristics & Buyer Profile

This is a top-tier residential property located on Rambling River Bay in the Rosser-Old Kildonan area of Winnipeg. It sits on a 2,952-square-foot lot, placing it among the largest in its immediate street and well above average for its wider neighbourhood and the city as a whole. The total living area and assessed value also rank exceptionally high—first on the street and within the top 1% for both the local area and all of Winnipeg.

The appeal lies in its combination of generous space and strong relative value. While the assessed price is high compared to city averages, the property’s size and positioning suggest it offers more land and living area than most comparably priced homes in the region. This makes it especially attractive to buyers who prioritize privacy, room to spread out, and long-term equity in a low-turnover pocket of the city.

This property would suit buyers looking for a substantial standalone home in an established, quieter neighbourhood—likely families or professionals who value space over walkability or urban convenience. It may also appeal to those familiar with the Rosser-Old Kildonan area, where larger lots are less common than in newer subdivisions, making this a relatively rare find.

Five Possible FAQs

1. How does this property compare to others on the same street?
It ranks first on Rambling River Bay in terms of living area, assessed value, and lot size. That means it’s the largest and most valuable home on the street.

2. What does “assessed value” mean here, and how does it relate to property taxes?
The assessed value is the city’s estimate of the property’s market worth for tax purposes. A higher assessed value generally leads to higher property taxes, but it also reflects greater equity relative to neighbouring homes.

3. Why does the lot size rank so high for the street but not as high for the whole city?
The lot is very large compared to others on this specific street, but across all of Winnipeg, there are many homes with larger parcels—especially in rural or newer fringe areas. Within its immediate neighbourhood, it’s still well above average.

4. Is this property in a flood-prone or low-lying area?
There’s no indication of flood risk in the data provided. The address is on a bay, which often suggests a cul-de-sac or quieter side street, but you’d want to check the specific elevation and local drainage history before purchasing.

5. What does “top 1% city-wide” actually mean in practical terms?
Out of nearly 200,000 properties in Winnipeg, this one ranks in the top 1% for both size and assessed value. In plain terms, there are very few homes in the city that match it in scale and market position—fewer than 2,000 properties.