Property Overview: 98 St Vital Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out in the Pulberry neighborhood for its above-average size and modern build. With 1,810 sqft of living space, it is significantly larger than most homes on its street and in the wider area, ranking in the top 4% locally. Built in 2005, it is a notably newer property in a neighborhood where the average home is from the 1960s, suggesting modern construction standards and potentially lower immediate maintenance needs.
Its primary appeal lies in offering substantial, contemporary living space on a well-established street. The assessed value of $492k is well above local averages, reflecting its premium position. However, the lot size of 4,907 sqft is more compact than many in Pulberry, which may appeal to buyers seeking lower yard maintenance without sacrificing interior space.
This property would best suit buyers who prioritize move-in-ready, spacious interiors over a large yard. It’s ideal for professionals or small families looking for a modern home in a mature neighborhood without the typical renovation projects of an older house. It also represents a solid long-term investment in a street where its value metrics are elite, suggesting it helps set the benchmark for the area.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the home itself is large and modern, the lot is more compact than the neighborhood average. This means less yard maintenance but also less private outdoor space. It’s a trade-off that prioritizes the interior footprint.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $492k is a strong benchmark for municipal taxation, placing the home in the top 2% on its street. However, market conditions, the home’s interior condition, and recent upgrades will ultimately determine the sale price. Recent nearby sales have ranged from the $300ks to the $450k-$500k range.
3. What does the "modern build" in an older area mean for me?
A 2005 build in an area of mostly mid-century homes suggests newer electrical, plumbing, and insulation standards. This can mean greater energy efficiency and fewer major system replacements in the near term compared to older neighbors.
4. How does this home compare to others on the street?
It is larger, newer, and more highly assessed than the vast majority of homes on St Vital Road. This positions it as a premium property on the block, which can be advantageous for value but may also mean a higher property tax bill.
5. Where can I get verified historical sale price data for this home?
The site indicates a sale occurred in August 2020 with a price range provided. For fully verified and exact sale figures, you must request a manual lookup via email from the service, as they do not display MLS data directly.