Property Overview & Key Characteristics
This is a classic 1945-built, one-storey home on an exceptionally large, nearly 10,000 sqft lot in Winnipeg's Vialoux neighbourhood. Its primary appeal lies in the rare combination of a spacious, blank-canvas yard and a solid, no-frills structure. The house itself offers 1,092 sqft of living space with an unfinished basement, presenting a straightforward layout typical of its era. Key features include a detached garage and the significant land size, which ranks in the top 6% city-wide.
The property suits two main types of buyers: first, the practical visionary who sees the immense potential in the land for future expansion, gardening, or outdoor living, and is comfortable with a home that may require updates. Second, it appeals to the value-driven buyer seeking space and stability over modern finishes, who prefers a character home with room to grow over a newer, more constrained property. Its city-wide ranking for lot size is a standout asset, while its interior and assessed value are more modest relative to its neighbours, indicating a property where the land is the central investment.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The ranking indicates that this property's lot is larger than 94% of all residential lots in Winnipeg, making it a truly rare find for its generous outdoor space.
2. The house was built in 1945. What should I be aware of?
As a home from the mid-1940s, prospective buyers should budget for potential updates to major aging systems like plumbing, electrical, or the roof, and consider an inspection to assess its condition. The unfinished basement offers easy access for evaluating the foundation and utilities.
3. Why is the assessed value ranking lower than the lot size ranking?
The assessment reflects the current combined value of the land and the existing structure. The high lot ranking shows the land is a premium asset, while the lower assessment ranking suggests the house itself is modest relative to others, which is often reflected in the asking price.
4. Who is responsible for maintaining the large yard?
The homeowner is fully responsible for the maintenance of the entire 9,906 sqft property. This includes lawn care, snow removal from the driveway and sidewalks, and any tree or landscaping upkeep.
5. Is there potential to finish the basement or add an addition?
The unfinished basement provides a clear opportunity for future development to increase living space. More significantly, the vast lot size presents a compelling opportunity for a potential home addition or outbuilding, subject to local zoning and permit approvals.