5615 Roblin Boulevard

Property Summary: 5615 Roblin Boulevard

Section 1: Overview & Appeal

This property is a classic, well-situated bungalow on an exceptionally large, mature lot in Southboine. Its primary appeal lies in its generous 17,031 sqft land parcel, which places it in the top 2% of all Winnipeg properties for lot size. This offers immense potential for gardening, recreation, expansion, or future redevelopment. The home itself is a comfortable 1,564 sqft one-storey layout with a finished basement, suitable for straightforward living or as a solid foundation for updates.

Its strengths are its space and location. The lot size rankings are outstanding, while its living area is above average for both the street and the city. It would best suit a buyer who values outdoor space and privacy over a newer build, such as a growing family seeking room for kids and pets, a multi-generational household, or a long-term investor who recognizes the inherent value in the land. A thoughtful perspective is that while the house is older (built 1963), its above-average size for a bungalow and finished basement provide a practical layout that many newer homes on smaller lots lack. The appeal is less about luxury finishes and more about the enduring value of space and established, quiet neighborhoods.

Section 2: Key Questions (FAQs)

1. What does the "top 2% in Winnipeg" for lot size actually mean?
It means this property's lot is larger than 98% of all residential properties in Winnipeg, offering a rare amount of private outdoor space that is very difficult to find in the city.

2. The house was built in 1963. What should I consider?
While the structure is solid, prospective buyers should budget for updates to major aging components (like roof, windows, plumbing, or electrical) and anticipate a style that may require modernization. A thorough inspection is essential.

3. How does the assessment value relate to the likely selling price?
The municipal assessment of $410,000 is for tax purposes and is a historical snapshot. The current market price is determined by buyer demand, recent sales of comparable properties, and the unique value of this large lot, which may command a premium.

4. Is the finished basement included in the 1,564 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional area, adding functional living space like a rec room or extra bedrooms not reflected in that main square footage figure.

5. The rankings show the house is newer than only 8% of homes in the community. Is this a concern?
This indicates the neighborhood is established with many mature homes. It's not a concern for functionality but confirms the area's character. It suggests neighbors are likely long-term residents, contributing to community stability, but also that many homes may be of a similar vintage.