Property Overview: 165 Princeton Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This 2022-built home on Princeton Boulevard is a standout property defined by its modern construction and generous scale. Its primary appeal lies in offering a like-new residence combined with a substantial lot—a rare pairing in Winnipeg. At 1,810 sqft, the living space is comfortably above average for the city, but the nearly 15,650 sqft lot is truly exceptional, placing it in the top 2% citywide. This creates significant private outdoor space uncommon for a newer build.
The home’s assessed value of $778k reflects its premium position, ranking in the top 3% of the city and well above local averages. This suggests a high-quality build and finishes. The property suits buyers seeking a modern, low-maintenance home without compromising on land size. It’s ideal for those who value move-in-ready condition, contemporary efficiency, and ample room for gardens, recreation, or future expansion. It would also appeal to buyers looking for a long-term home with a strong foundational investment, as its newness and lot size are permanent advantages in an older housing stock.
A less obvious perspective is the home’s relationship to its immediate street. While elite in many metrics, its living area is "above average" but not the largest on Princeton Blvd. This indicates a streetscape of substantial homes, offering a consistent and established neighborhood feel rather than an outlier. The value lies in being a new home within that established, high-quality context.
Section 2: Frequently Asked Questions
1. What does the "Elite" citywide ranking for assessed value actually mean?
It means this home’s assessed value is higher than approximately 97% of comparable homes across Winnipeg. It signifies a premium property in terms of market valuation by the assessment authority.
2. The lot is large, but is the backyard usable or irregularly shaped?
The data confirms the lot size is elite for the city and the largest on its street. For specific shape, orientation, and topography, a physical viewing or survey map is necessary, as the raw square footage doesn’t detail layout.
3. As a 2022 build, what are the likely benefits?
You can expect modern building codes, contemporary energy efficiency (windows, insulation, HVAC), and likely the remainder of new-home warranties. It also means minimal immediate repair costs and modern electrical and plumbing systems.
4. The assessed value is much higher than the street average. Does this mean over-improvement for the area?
Not necessarily. The data shows the home is newer and larger than most on the street and in the city. The higher assessment reflects these tangible attributes. It may set a new benchmark for the area rather than being an outlier.
5. How does the living area compare to the neighborhood average?
At 1,810 sqft, it is slightly above the Vialoux neighborhood average of 1,647 sqft. This suggests the home is spacious for the area but not unusually so; its prime differentiators are its newness and its exceptionally large lot.