200 Sioux Road W

Property Overview & Key Characteristics

This property at 200 Sioux Road W in Winnipeg's Royalwood neighbourhood is defined by its exceptionally large lot, a rare find in the city. The land area of 217,800 sqft (approximately 5 acres) is its most prominent feature, ranking in the top tier for size both locally and city-wide. While specific details on the building itself are limited in the provided data, the lot represents a significant blank canvas or a setting for a substantial existing home.

Its primary appeal lies in the sheer privacy and potential offered by such a large parcel of land within a city. It suits a very specific type of buyer: someone seeking space for extensive gardens, recreational facilities, or even future subdivision (subject to zoning). It would also appeal to those valuing ultimate privacy and a rural feel without leaving the city limits. A less obvious perspective is the long-term value play; land of this size in a developed area is a finite resource, often appreciating differently than standard residential lots.

Frequently Asked Questions

1. What is the actual condition and size of the home on the property?
The provided data focuses on land metrics and assessed value. Specifics on the home's living area, condition, year built, and features are not detailed here. A viewing or additional listing information would be necessary.

2. Why is the assessed value relatively modest compared to the lot size?
Municipal assessments often weigh the existing structures heavily. A modest assessment can sometimes indicate an older home or outbuildings that contribute less value than the land itself, highlighting the land's dominant value proposition.

3. What are the zoning regulations for a lot this size?
This is a critical question. Zoning dictates what can be built, altered, or if the lot can be subdivided. Understanding the specific zoning (e.g., residential, agricultural) is essential for any development plans.

4. Are there any utility or service considerations for a large rural-style lot?
Buyers should inquire about water sources (well or municipal), septic systems, natural gas availability, and road maintenance agreements, as these can differ from standard city lots and impact costs.

5. The "related homes" shown have much smaller lots. Is this property an outlier?
Yes. The comparison homes are typical residential properties. This listing is unique for its land size, placing it in a different category altogether. It should be compared to other estate-sized or acreage properties, not standard neighbourhood homes.