Property Overview: 24 Swann Drive
Section 1: Key Characteristics & Appeal
This 1998-built home on Swann Drive presents a compelling blend of space, location, and value. Its primary appeal lies in its significant scale relative to the broader market, offering a substantial 2,392 sqft of living space on an expansive 11,135 sqft lot. While it is a slightly more modest size within its own upscale street, it stands out dramatically when viewed in a wider context, ranking in the top 4% of Winnipeg for both living area and lot size.
The property’s assessed value tells a clear story of its premium positioning. It ranks in the top 4% of its Vialoux neighborhood and the top 1% city-wide, indicating strong perceived value and desirability for its area. This creates an interesting dynamic: you acquire a home that is competitive on its own prestigious street while gaining a property that is exceptionally large and valuable compared to the vast majority of the city.
This home is ideally suited for buyers who prioritize space and established, mature neighborhoods. It fits a buyer looking for a home that is modern enough to avoid major immediate renovations (newer than most in the city) but settled within a well-regarded community. It would particularly appeal to those who value a large private yard and interior square footage over having the absolute newest or largest home on a specific block, offering a smart balance of community prestige and standout individual property metrics.
Section 2: Frequently Asked Questions
1. How does this home truly compare to its neighbors on Swann Drive?
While its living area is below the street average, it is very close to the street's average assessed value, suggesting the finish level, lot, and overall package are highly competitive. It offers a newer build year than most on the street, which can be an advantage.
2. What does the high city-wide assessment ranking practically mean?
It signals that the property is considered among the most valuable 1% of homes in Winnipeg for tax purposes. This generally correlates with a desirable location and property attributes, but it's important to note that assessed value is for taxation and may differ from market value.
3. Is the lot size a major feature?
Yes. At over 11,000 sqft, the lot is in the top 4% city-wide. This is a significant asset for privacy, outdoor living, and future potential, especially in an established neighborhood where such large parcels are rare.
4. The home is newer than most in the city, but what about for its area?
In the Vialoux community, the 1998 build year ranks in the top 6%, meaning it’s one of the newer homes in the neighborhood. This often translates to more modern construction standards and layouts, while still being part of a mature area.
5. Who might this property not suit as well?
Buyers seeking the absolute largest or most expensive home on a given street may find more options elsewhere on Swann Drive. Additionally, those looking for a brand-new build or a home requiring no updates should consider that a 1998-built home may have components nearing their natural replacement age.