Property Overview: 3510 Vialoux Drive
Key Characteristics & Appeal
This 1963-built, one-storey home sits on a remarkably large, nearly 12,000 sqft lot in Winnipeg, offering a rare blend of space and established character. Its primary appeal lies in its exceptional land size, which places it in the top 4% of all properties in the city for lot dimensions, providing immense potential for gardening, expansion, or simply enjoying private outdoor space. The home features a finished basement and a practical 1,229 sqft layout. While the house itself is of average size for its area and shows its age in ranking metrics, it presents a solid foundation. Its true value is for the buyer who sees beyond the interior and recognizes the lot as the primary asset. This property would perfectly suit a hands-on buyer looking for a long-term home with room to grow, a family desiring extensive backyard space, or an investor/developer who understands the inherent value and future potential of such a large parcel of land in the city.
Frequently Asked Questions
1. What is the true standout feature of this property?
Beyond the house itself, the defining feature is the lot. At nearly 12,000 sqft, it is significantly larger than the typical Winnipeg residential property, offering uncommon privacy and scope for future projects.
2. The house was built in 1963. What should I consider?
While the basement is finished, the age suggests that major mechanical systems (like plumbing, electrical, or the foundation) may need evaluation or could require updating. The value here is often in the land, with the house representing a functional starting point.
3. Who would this property not be suitable for?
It may not suit buyers seeking a modern, turn-key home without any renovation projects, or those who prefer a low-maintenance yard. The scale of the lot requires a commitment to upkeep.
4. There's no garage. How big of a drawback is this?
For some buyers, this is a significant consideration. However, the vast lot size provides ample space to add a garage or workshop, which could ultimately add more value and better suit your needs than a pre-existing smaller structure.
5. The assessment value seems moderate relative to the lot size. Why?
Municipal assessments often weigh the built structure heavily. The assessment likely reflects the age and modest size of the home itself. The market value in a sale, however, would more strongly factor in the premium for the rare, large lot, which may not be fully captured in the official assessment.