Property Overview & Key Characteristics

20 Stonewalk Place presents a unique opportunity in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in its substantial 6,438 sqft lot, which ranks in the top tier for size both on its street and within the wider area. This generous land parcel offers significant potential for expansion, gardening, or outdoor living, a notable feature in a newer community. The property's assessed value of $140k positions it distinctly within the market, ranking very high locally but more moderately compared to immediate neighbours, suggesting a value proposition for the land itself.

This home would suit a buyer with a vision for customization or future development, who values space and potential over a move-in-ready finish. It's also a practical consideration for those interested in newer community infrastructure, as nearby properties indicate recent construction activity. A less obvious perspective is its appeal to long-term planners; securing a larger lot in a developing area could offer substantial future equity as the neighbourhood matures and smaller lots become the norm.

Frequently Asked Questions

1. Why is the assessed value relatively high compared to some nearby homes?
The assessed value of $140k reflects the municipal valuation, which heavily considers the property's very large lot size. This suggests the land itself holds significant value, potentially more than any existing structures on it.

2. What does the lack of listed details (like year built, living area) imply?
This typically indicates that this specific data is not currently populated in the database, often because the property is newer or the information requires an update. It's essential to confirm these details directly through a viewing or additional inquiries.

3. The lot is large, but how does the property compare to others on the street?
The data shows 20 Stonewalk Place ranks at the very top (0%) for lot size on its street, meaning it has the largest or one of the largest parcels on Stonewalk Place, a key differentiator.

4. Who might this property not be suitable for?
It may not suit buyers seeking a turn-key home with finished amenities like a garage or pool, as these are not indicated. It's also less ideal for those who prioritize a historically established streetscape, given the street's newer development.

5. The neighbourhood ranking for value is low (top 100%). What does this mean?
This ranking indicates this property has one of the highest assessed values in South Pointe West. While this speaks to its perceived value, it's important to compare this with the actual asking price and recent sales of similar-sized lots for context.