Property Overview: 99 Royalgate Road, Winnipeg
Key Characteristics & Appeal
This well-established 1974 bungalow sits on a large, mature lot of over 7,200 sqft in the Vialoux neighbourhood. Its key features include a fully finished basement, an attached garage, and a practical single-storey layout with 1,384 sqft of living space. The appeal here is rooted in space, stability, and value. The property offers more land than most in the area, providing room for gardening, play, or future expansion. Its rankings highlight a compelling balance: while the home itself is newer than nearly all on its street, the lot size and total assessed value place it in the top tiers city-wide, suggesting a solid underlying property value relative to its footprint.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It’s also a practical choice for value-focused buyers who see potential in a home that, while not recently built, sits on a desirable lot and has been maintained over decades. The finished basement adds immediate functional space for a growing family, a home office, or a recreation room.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Vialoux, and across all of Winnipeg. They show this home’s lot size is exceptionally large for the city, its building age is very new for its immediate street, and its assessed value is strong overall, indicating a property that holds competitive advantages in key areas.
2. Is a 1974-built home a concern?
While 50 years old, the home ranks as newer than 97% of houses on its own street, meaning the surrounding housing stock is even more mature. This context is important. Buyers should focus on the specific condition of major systems (roof, windows, furnace) and the quality of ongoing maintenance, rather than the year alone.
3. Who might the finished basement suit?
Beyond extra living space, it offers flexibility. It could serve as a separate area for teens or a multi-generational household, a dedicated home workspace, or simply valuable storage—a significant perk in a bungalow where main-floor storage can be limited.
4. What are the pros and cons of such a large lot?
The 7,277 sqft lot provides ample private outdoor space, a rarity in many city neighbourhoods. The trade-off is correspondingly higher maintenance for landscaping, snow clearing, and potential updates to fencing or landscaping. It’s an asset for those who love gardening or outdoor living, but a consideration for those seeking a low-maintenance yard.
5. How should I interpret the assessment value?
The municipal assessment of $463,000 is used for calculating property taxes and indicates its value relative to other homes in the city’s estimation. It is a starting point for market discussion, but the final sale price will be determined by current market conditions, the home’s specific state, and buyer demand.