Property Overview

This 2015-built, one-storey home at 3730 Pembina Highway presents a unique blend of modern convenience and significant land potential. Its key appeal lies in its relative newness compared to most area homes and its exceptionally large, half-acre lot (51,903 sqft), which places it in the top 1% for lot size in Winnipeg. With 1,105 sqft of living space, it offers a practical, low-maintenance layout suitable for a small family, downsizers, or an investor. The home has an unfinished basement, providing a blank canvas for future expansion.

This property would suit a specific type of buyer: those who prioritize land value and future potential over a move-in-ready, feature-rich home. It’s ideal for someone with renovation plans, who values the peace of mind that comes with a newer build’s major systems, or who sees the expansive lot as a long-term asset for gardening, expansion, or simply enjoying private outdoor space in the city. A thoughtful perspective is that while the assessed value is currently modest for the neighbourhood, the combination of a newer structure on such a large parcel may represent a strategic entry point into a well-established area, with value tied to the land's future possibilities.

Frequently Asked Questions

1. What does "unfinished basement" mean for this property?
It means the basement is a blank space with bare walls, floor, and ceiling, awaiting drywall, flooring, and finishes. This is a significant project but allows you to customize the space to your exact needs, whether for extra bedrooms, a recreation room, or storage.

2. The lot size is enormous. Are there any restrictions on what I can do with the land?
While the large lot is a major asset, you should always verify with the City of Winnipeg’s planning department for specific zoning bylaws. These will dictate if additions like a garage, secondary suite, or other structures are permitted and what the building setbacks must be.

3. How does the assessed value compare to the likely asking or market price?
The assessed value of $270k is for municipal tax purposes and is typically based on past market data. It often differs from the current market value. You should review recent sale prices of similar properties in the area with a real estate professional to understand the true market value.

4. There's no garage. Is adding one feasible?
Given the vast lot size, adding a garage or a large driveway is likely very feasible from a space perspective. The main considerations would be the cost of construction and, as with any structure, ensuring the plans comply with local zoning regulations.

5. The home is newer, but what about the neighbourhood's overall character?
The property data shows a mix of older and newer homes on the street. While this home is in the top 3% newest for its street, the neighbourhood includes homes built over many decades. It’s advisable to visit at different times to get a feel for the area’s character and traffic patterns given its location on Pembina Highway.