Property Overview: 130 St Vital Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its practicality and position within its community. At 672 sq ft, it is notably compact, ranking well below average in size for its street, neighborhood, and the city of Winnipeg. Built in 1945, it is also one of the older homes in the Pulberry area. The assessed value of $243k is significantly lower than local averages, reflecting its scale and vintage.
Its primary appeal lies in being an accessible entry point into the market. The lower price and taxes associated with the assessment make it a candidate for first-time buyers, downsizers seeking minimal upkeep, or investors looking for a rental property with a manageable overhead. The lot size of nearly 5,000 sq ft is close to the city average, offering valuable outdoor space that the home itself does not provide indoors—a potential draw for those who prioritize garden or expansion potential over finished living area. It suits a buyer comfortable with a home that offers the basics, who values location and land over square footage, and who sees potential in a property that stands apart from larger, more modernized homes on the street.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is primarily based on the home's relatively small living area (672 sq ft) and its older construction date (1945). Compared to the larger, and often more recently built or updated, homes in Pulberry, these characteristics result in a lower municipal assessment.
2. What does the "Top 99%" ranking for living area in the neighborhood mean?
This statistic indicates that 99% of comparable homes in the Pulberry neighborhood are larger than this one. It highlights that this property is among the very smallest in the area, which is a key factor in its pricing and assessment.
3. Is there potential to expand or rebuild on the lot?
The lot size of 4,997 sq ft is a significant asset. While any expansion or rebuild would require due diligence with the city regarding zoning and permits, the parcel offers the space to potentially increase the living area in the future, which is a compelling aspect for a buyer with a longer-term vision.
4. How reliable is the sold price data shown?
The sold price range provided is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via email, as detailed on the site.
5. The home is older—what should I consider?
Built in 1945, prospective buyers should budget for a thorough inspection focusing on aging infrastructure, such as plumbing, electrical, and the foundation. While this era of home can be solidly built, it may require updates to meet modern efficiency and safety standards.