Property Overview
This home presents a compelling mix of established character and tangible value. Its key appeal lies in the generous, above-average lot size of 11,820 sqft, which places it in the top 4% of all comparable properties in Winnipeg. This offers significant outdoor space and potential. The living area of 1,433 sqft is comfortably above average for its specific street, providing good interior space. Built in 1945, the home is one of the older properties in the Vialoux community, which suggests classic construction but also indicates that its condition and any updates will be key considerations. The property tax assessment is notably lower than the community average, which could point to a relative value opportunity within the area.
This property would suit a buyer who prioritizes land size over a modern build, such as someone looking for garden space, future expansion potential, or simply more privacy. It’s also a practical fit for those mindful of property tax burdens, as the assessment is favorable compared to the neighborhood. The home appeals to those who appreciate established streets and are prepared to evaluate or undertake updates to an older structure.
Frequently Asked Questions
1. What does the 1945 build year mean for me?
While offering classic charm, it places the home among the oldest 20% on its street. A thorough inspection is essential to understand the state of major aging components like the roof, plumbing, electrical, and foundation.
2. The tax assessment is below the community average. Is that good?
It can be. It suggests the city assesses this property at a lower value than many in Vialoux, which typically translates to lower annual property taxes—a definite financial positive. However, it may also reflect the home's age or condition relative to others in the broader area.
3. How significant is the large lot size?
Very. Ranking in the top 4% city-wide for land area is a standout feature. It offers rare space for recreation, gardening, adding a shed or garage, or even future development, subject to zoning laws. This is a long-term asset that sets it apart from typical lots.
4. The living space is above average for the street but near average for the city. What's the takeaway?
The home feels spacious compared to its immediate neighbors, which is a daily living benefit. The city-wide comparison simply confirms it's a standard family-sized layout, not exceptionally large or small overall.
5. Are there any concerns with the rankings?
The data shows a slight contrast: you're acquiring a top-tier lot size but a home that is older and has a lower assessed value than many in the community. This isn't inherently negative, but it clearly frames the trade-off: prime land with a house that may require more investment relative to newer builds in the area.