Property Overview: 170 Wexford Street
Key Characteristics & Appeal
This 2015-built home on Wexford Street presents a compelling blend of modern living within an established Winnipeg neighborhood. Its primary appeal lies in its significant size and premium valuation relative to its surroundings. With 1,877 sqft of living space, it ranks in the top 12% on its street and top 14% citywide, offering more room than most comparable homes. This is complemented by a 7,880 sqft lot that, while average for the Vialoux area, is notably larger than the typical Winnipeg property, placing it in the top 12% citywide.
The home’s assessed value of $723k tells a clear story of its standing: it ranks in an elite tier, placing in the top 5% on its street and top 3% across the entire city. This suggests not just a well-appointed property, but one that has established a high benchmark for quality and desirability in its locale. Its 2015 construction date is a major differentiator, making it significantly newer than almost all neighboring homes and offering modern infrastructure without the compromises sometimes found in older character homes.
This property would ideally suit buyers looking for a move-in ready, spacious modern home who value both privacy on a sizable lot and a strong sense of established community. It appeals to those who appreciate a home that stands out in terms of both contemporary comforts and investment caliber, while still being part of a traditional neighborhood fabric.
Frequently Asked Questions
1. How does the 2015 build date impact this home compared to neighbors?
It places the home among the newest in the area, suggesting modern building standards, energy efficiency, and likely less immediate need for major system updates (roof, HVAC, etc.) compared to the neighborhood averages from the 1960s and 70s.
2. The lot size is noted as "around average" for the street and neighborhood. Is that a disadvantage?
Not necessarily. While it is slightly below the street average, it remains a very generous parcel, especially by citywide standards. It offers ample outdoor space while potentially requiring less maintenance than the largest lots on the block.
3. What does the "elite" assessed value ranking actually indicate?
It confirms the property is officially valued among the highest in its peer group, both locally and citywide. This typically reflects superior finishes, size, condition, and overall desirability. It’s a strong indicator of the home's premium market position.
4. Who might this home not be ideal for?
Buyers seeking a historic character home or those with a strict budget near the area's average price point may find it less suitable. Its value proposition is rooted in its modernity and above-average metrics.
5. The living area is above average, but the lot is average. What does this imply about the property layout?
This combination often indicates a efficient use of space where the home's footprint is well-optimized on the lot. It suggests a generous living area without the property being overly dominated by the house itself, leaving usable yard space.