Property Overview
This 1974 bi-level home at 10 Royalgate Road offers a practical and comfortable living space in Winnipeg. Its key appeal lies in a combination of mature charm, a generous lot, and a location that scores well for its assessed value city-wide. The 1,252 sqft home sits on a large 6,201 sqft lot and features a finished basement and an attached garage. The data suggests a property that has been well-maintained over its 52 years, ranking notably newer than most homes on its own street. Its city-wide assessment ranking is strong, placing it above 77% of Winnipeg homes, which indicates good relative value and appeal for the price point.
This home would suit first-time buyers looking for a move-in-ready property with space to grow, or downsizers seeking a manageable single-level layout (with the basement providing extra flexible space). It’s ideal for someone who values a established, quiet neighborhood with larger lot sizes over a brand-new build. A thoughtful perspective is that while the interior living space is modest relative to the lot size, this presents an opportunity for future expansion or simply enjoying expansive outdoor space—a rarity in newer subdivisions.
Key Questions for Consideration
1. What is the true nature of a "bi-level" layout?
This style typically features a ground-level entry with stairs leading both up to the main living areas and down to a lower level. It efficiently creates two distinct living zones, often making the finished basement feel less like a traditional basement and more like integrated living space.
2. How should I interpret the provided rankings?
The rankings compare this property to others on its street, in Vialoux, and across all Winnipeg. For example, ranking "newer than 97% of homes on its street" is a significant positive for maintenance and systems, while the "top 27%" ranking for lot size city-wide highlights the property's standout outdoor space.
3. The living area is ranked lower than the lot size and assessment. What does this mean?
This indicates you are purchasing proportionally more land than house. For some, this is a premium feature for privacy and outdoor enjoyment. For others, it's important to ensure the interior layout and square footage meet current needs, as the value is partly in the land itself.
4. Why is the assessed value ranking higher than the neighborhood average?
The assessment ranks higher than 53% of homes in Vialoux but outperforms 77% of homes across Winnipeg. This suggests the property is a stronger performer in terms of value and amenities (like lot size, condition, or features) when viewed in the broader city context, potentially making it a standout in its immediate area.
5. What are the practical implications of a home built in 1974?
While the ranking shows it's well-maintained relative to its peers, a home of this age will likely have had updates. Inquiries should focus on the age and condition of major systems (roof, windows, furnace, electrical panel) and any recent renovations to kitchens or bathrooms to understand upcoming maintenance timelines.