Property Overview
This 1974-built, two-storey home on a large 7,196 sqft lot offers a compelling blend of space, established character, and relative value. Its key appeal lies in its generous proportions—both in its over 2,100 sqft of living area and its expansive, private yard—which are increasingly rare finds. The home presents a solid, well-maintained foundation with a finished basement, suited for a buyer comfortable with the functional layout and cosmetic style of its era. It would particularly suit a growing family, a multi-generational household, or a value-conscious buyer seeking ample indoor and outdoor space for the price, who views the home’s 1970s vintage not as a drawback but as a canvas for gradual, personalized updates. A less obvious perspective is its strong "bones" ranking within the immediate area; it consistently places in the top tier of its street for size, newness, and assessed value, suggesting it is a standout property in its micro-location.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in the Vialoux community, and across all of Winnipeg. For example, being newer than 97% of houses on its street indicates it's one of the most recently built homes in that specific area, which can be a positive for infrastructure and maintenance needs.
2. Is the lack of a garage a significant issue?
While a garage is absent, the very large lot provides potential for adding a detached garage or workshop, subject to municipal bylaws and permits. For some buyers, this is seen as a future opportunity rather than a strict limitation.
3. The home is over 50 years old. What should I be aware of?
As with any home of this age, key systems like plumbing, electrical, and the roof may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and prioritize any necessary updates, balancing the charm of an established home with practical maintenance.
4. How does the assessed value relate to the likely selling price?
The municipal assessment of $590,000 is for tax purposes and is based on mass appraisal techniques. It is a useful benchmark, but the final sale price will be determined by current market conditions, the home's specific presentation, and buyer demand for its unique set of features.
5. Who would this home NOT be ideally suited for?
This property may not suit buyers seeking a modern, open-concept "move-in ready" home without any projects, or those who require immediate, high-end finishes. It also may not fit buyers whose lifestyle requires a garage for daily vehicle protection in Winnipeg winters.