1750 McCreary Road – Property Summary

Key Characteristics & Buyer Profile

This property stands out for its exceptionally large land area. At 105,598 square feet, the lot ranks in the top 1% citywide in Winnipeg, where the average comparable lot is just 6,570 square feet. Within its immediate street and neighborhood, however, the lot is smaller than average—suggesting this is an area where large parcels are the norm, not the exception. The house itself is modest by local standards: the assessed value of $427,000 is well below the neighborhood average of $968,900 and the street average of $1.16 million. The home was likely built around 1996, which is typical for the area but newer than the citywide median of 1966.

The appeal here is land, not the structure. For a buyer who values space, privacy, or future development potential, this lot offers something rare within Winnipeg. The house itself may need updating or be considered a secondary asset to the property. This would suit buyers looking for a large suburban-style lot in a mature neighborhood—perhaps someone planning to build, subdivide (subject to zoning), or simply enjoy acreage-like grounds without leaving the city. It may be less suited to buyers seeking a turnkey home or a property with strong resale value tied to the house.

Frequently Asked Questions

1. Why is the assessed value so low compared to the neighborhood average?
The assessed value of $427,000 reflects the current house and improvements, not the land value alone. Many neighboring properties likely have larger or more recently updated homes, which drives up their assessed values. The lot itself is still valuable, but the structure is pulling the total down relative to the area.

2. Does this lot allow for subdivision or development?
The property detail does not include zoning information. Given the lot size (over 2.4 acres) and its ranking within the neighborhood, it may be large enough to consider subdivision, but this depends entirely on local zoning bylaws and city approval. A buyer should check with Winnipeg’s planning department before assuming any development potential.

3. How does the house compare to others on the street in terms of size?
Living area data for this property is not provided in the summary. However, given the assessed value is significantly below the street average, it’s reasonable to infer the house is smaller or older than most neighbors’ homes. The street’s average living area is noted as 2,826 square feet.

4. Why is the lot ranked "below average" on its own street despite being huge citywide?
The street (McCreary Road) has an average lot size of 164,717 square feet—about 3.8 acres. At 105,598 square feet, this lot is smaller than many of its immediate neighbors. Citywide, however, almost no other properties come close to this size, which is why the same lot jumps to the top 1% in the broader comparison.

5. Is this a good investment property?
It depends on the buyer’s goals. If the house is livable and the priority is owning a large piece of land in a desirable area at a below-market price, it could hold value well. But the house itself may not appreciate significantly unless renovated. The land likely offers the strongest long-term potential, especially if zoning allows for future development or if the area continues to grow in demand.