Property Overview & Key Characteristics

This is a distinctive, one-storey home in Winnipeg's Wilkes South neighbourhood, built in 1955. Its most defining feature is the exceptionally large, approximately 1.22-acre lot (53,087 sq ft), which places it in the top 1% of all properties in Winnipeg for land size. The house itself offers 1,905 sq ft of living space, which is above average for the city, and includes a finished basement and a detached garage.

The primary appeal lies in the extraordinary potential of the land. It offers immense privacy, space for gardens, recreation, or future expansion that is nearly impossible to find within the city. The home suits a specific buyer: someone who values space and potential over a modern turn-key property. It would be ideal for a large family, a multi-generational household, a hobbyist or gardener, or a visionary buyer looking for a property where the land is the true asset and the house can be adapted or updated over time. It’s a property for those who see long-term value and possibility, rather than immediate perfection.

Frequently Asked Questions

1. What does the land ranking actually mean?
The data shows this property's lot size is larger than 99% of all homes in Winnipeg. This isn't just a big yard; it's a truly rare, acre-plus parcel within city limits, offering a level of space and seclusion that is increasingly uncommon.

2. The house was built in 1955. What should I expect?
As a 71-year-old home, buyers should anticipate a mix of classic construction and the need for updates. While systems may have been maintained or replaced, the era suggests potential considerations like original windows, plumbing, or electrical that may need attention or modernization to suit contemporary needs.

3. How does the value break down between the house and the land?
Given the rankings, a significant portion of the assessed value is tied to the land itself. This is a land-value play. The house provides functional living space, but the premium price point is largely for the unique and expansive lot, which holds the long-term investment and utility value.

4. Is the neighbourhood consistent with this type of property?
Wilkes South typically features more standard residential lots. This property is an outlier in its community, meaning you get unparalleled space but may not find immediate neighbours with similar estate-like properties. It offers a semi-rural feel within a established suburban area.

5. What are the practical implications of such a large lot?
Beyond the benefits, consider the responsibilities: significantly higher property taxes due to land value, more extensive lawn and grounds maintenance (or equipment to manage it), and potentially higher costs for any fencing, landscaping, or drainage projects due to the scale.