14 Royalgate Road

Property Overview: 14 Royalgate Road

Key Characteristics & Appeal

This 1974-built four-level split home sits on a large, approximately 6,050 sqft lot in Winnipeg's Vialoux area. With 1,616 sqft of living space and a finished basement, it offers a practical layout for family living. The home's standout characteristic is its relative age within its immediate surroundings; it is newer than 97% of other houses on its street, suggesting a well-established yet slightly more contemporary presence in the neighborhood.

Its appeal lies in a balanced offering of space, location, and value. The generous lot size provides ample outdoor potential, while the home's size ranks above average for both the neighborhood and the wider city. The property suits first-time buyers or growing families looking for a spacious, move-in-ready home with room to grow in a mature community. It would also appeal to value-conscious buyers who appreciate a home that is newer than most on its block, potentially indicating fewer major age-related updates in the near term compared to older neighbors.

Frequently Asked Questions

1. What does the "ranking" data actually tell me?
The rankings compare this home against specific groups (its street, neighborhood, and all of Winnipeg) for metrics like size, age, and assessed value. For example, ranking in the "top 22%" for size in Winnipeg means it's larger than 78% of city homes, a sign of above-average space.

2. The home is over 50 years old. What should I budget for?
While newer than most on its street, a 1974 home will likely need attention to major aging components. A thorough inspection is crucial, with a focus on the roof, original windows, the heating/cooling system, and any original plumbing or electrical.

3. How does the 2020 sale price relate to the current assessment?
The home sold for $383,000 in mid-2020. The current assessed value of $438,000 reflects the market increase and changes since that time. This provides a recent benchmark but is not a direct indicator of today's listing or sale price.

4. Is the finished basement included in the listed living area?
Typically, municipal living area (sqft) does not include below-grade space, even if finished. The 1,616 sqft likely refers to above-ground levels only, with the finished basement providing additional bonus space.

5. What are the pros and cons of a four-level split layout?
This design offers good separation of living and sleeping areas, often with distinct zones on different half-levels. It can provide privacy and defined spaces. However, the multiple short flights of stairs may not suit those with mobility concerns and can make furniture moving more challenging.