Key Characteristics & Buyer Profile

This property at 1405 Charleswood Road stands out primarily for its land size and modern construction. The lot measures 108,023 square feet—placing it in the top 1% city-wide in Winnipeg, where the average is just 6,570 sqft. That kind of space is rare within the city limits, and it gives the property a semi-rural feel without being far from amenities. The house itself was built in 2011, making it one of the newer homes on Charleswood Road (top 4% on the street) and significantly newer than the surrounding area average of 1978.

The living area is 2,350 sqft—above the street average but slightly below the neighbourhood average in Wilkes South, where larger homes are common. This suggests a home that is comfortable and well-proportioned, but not oversized relative to nearby properties. The assessed value of $890,000 is above the street and city averages, but close to the Wilkes South neighbourhood norm, which means pricing aligns with local expectations.

Where the appeal lies: The combination of a large, private lot with a relatively new home is uncommon. Many homes on large lots in Winnipeg are older, while newer builds tend to sit on smaller parcels. This property offers both. The location in Wilkes South provides a quieter, suburban-like setting while still being within the city. For buyers seeking space, privacy, and a modern floor plan, this is a practical alternative to moving further out to acreages or dealing with a major renovation on an older house.

Who it suits: Buyers who want room for kids, pets, gardening, or outdoor hobbies without leaving Winnipeg. Also suitable for those who value a newer home with lower maintenance needs, but don’t want to compromise on lot size. It may also appeal to buyers looking for a property that holds up well in resale comparisons—top rankings on both land and build year suggest long-term desirability.

Five Possible FAQs

1. How does this property compare to others on Charleswood Road?
It ranks in the top 4% for build year (newer), top 7% for living area and assessed value, and top 17% for land size within the street. So it’s consistently above average across all key metrics compared to other homes on the same road.

2. Is the assessed value of $890,000 high for the area?
It’s close to the Wilkes South average of $969,000, so it’s actually slightly below the neighbourhood norm. The value is driven more by the land and newer construction than by interior square footage alone.

3. What about property taxes?
Assessed value and taxes are linked. Based on the $890,000 assessment, taxes would be typical for a property in this price range in Winnipeg. Exact figures depend on current mill rates, which can be verified through the city’s property tax portal.

4. Would this work for someone looking for a hobby farm or small acreage?
Yes—with over 2.4 acres of land, there’s room for gardens, workshops, or small livestock, but it’s important to check local zoning and bylaws in Wilkes South for specific allowed uses. The property is within city limits, so regulations differ from rural acreages.

5. Why is the land size ranked lower within the neighbourhood (top 57%) if it’s top 1% city-wide?
Wilkes South has many properties with very large lots, so while this land is exceptional compared to most of Winnipeg, it’s closer to average within its own neighbourhood. That means you’re getting a top-tier lot without being the biggest on the block—a balance that often appeals to buyers who want space without feeling exposed.