Property Overview

This is a distinctive, one-storey family home built in 2004, situated on an exceptionally large, 2.5-acre lot in Winnipeg's Wilkes South neighbourhood. Its primary appeal lies in the rare combination of a modern, spacious residence with vast, private grounds rarely found within the city. With over 2,250 sqft of living space, an attached garage, and an unfinished basement, it offers solid fundamentals with room for personalization.

The property suits buyers prioritizing land and privacy above all else. It’s ideal for those seeking space for hobbies, gardening, or future expansions, or for families wanting a generous, park-like setting. Its competitive rankings, particularly for lot size where it surpasses 100% of Winnipeg homes, indicate a truly unique offering. A less obvious perspective is its value for someone interested in sustainable living; the sizable lot presents significant potential for landscaping, food cultivation, or renewable energy projects, turning the property into a personal retreat or a long-term family compound.

Key Details & FAQs

Key Characteristics & Appeal:

• Unmatched Lot Size: The 109,002 sqft (2.5-acre) property is its defining feature, offering unparalleled privacy and space within Winnipeg city limits.
• Modern & Spacious Living: The 2,258 sqft bungalow, built in 2004, provides contemporary living on a single level with room to grow via the unfinished basement.
• Strong Market Position: The home ranks in the top tier of Winnipeg properties for lot size, living area, and assessed value, indicating a premium and competitive asset.
• Ideal For: Buyers seeking land, privacy, and modern comfort. It suits growing families, multi-generational households, hobbyists, or anyone viewing their home as a long-term sanctuary with room to evolve.

Frequently Asked Questions:

1. What does the "unfinished basement" entail?
It is a blank canvas with full foundation and utilities in place, allowing a future owner to customize the additional square footage to their exact needs, whether for recreation, additional bedrooms, or a separate suite.

2. How does the 2.5-acre lot impact maintenance and utility costs?
Prospective buyers should budget for higher exterior maintenance (lawn care, landscaping) compared to a standard lot. Property taxes are based on the high assessment value, and heating/cooling costs may be influenced by the home's size and single-storey layout.

3. What is the neighbourhood (Wilkes South) like?
Wilkes South is a established residential community. The property's rankings show it is larger and newer than most homes in the immediate area, offering a premium setting within a mature neighbourhood.

4. Why is the assessed value notably high?
The assessment reflects the combined value of a large, modern home and an exceptionally rare urban land parcel. It ranks in the top 2% of Winnipeg homes by assessed value, underscoring its unique attributes in the market.

5. Are there any limitations to consider with such a large lot?
Buyers should verify any municipal bylaws regarding land use, potential for sub-division, or environmental regulations (e.g., concerning tree removal or creek/ravine protections, if applicable) that might affect future plans for the property.