Property Summary: 303 Victoria Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This property presents a compelling blend of space, modern convenience, and prime location. Its key characteristic is its generous 2,237 sqft living area, which ranks well above average for both its street and the entire city. Coupled with an expansive, nearly 19,000 sqft lot that places it in the top 2% citywide, the home offers significant room for both living and outdoor enjoyment.
The appeal lies in this above-average scale within a well-established neighborhood. Built in 1970, it is a more contemporary home compared to many on its street, potentially offering updated layouts and systems. The assessed value of $632k suggests a premium property relative to most of Winnipeg, yet it sits around the neighborhood average for Victoria Crescent, indicating it is competitively positioned within a desirable area.
This home would ideally suit buyers looking for substantial interior and exterior space without moving to the city's outskirts. It fits growing families needing room to expand, or those who value privacy and land size within the city limits. It’s also a strong match for buyers seeking a home that is newer than many in its immediate vicinity, potentially reducing immediate renovation needs.
Section 2: Frequently Asked Questions
Q1: How does the lot size compare to typical Winnipeg homes?
A: The lot is exceptionally large for Winnipeg. At 18,995 sqft, it is nearly three times the citywide average for comparable homes, placing it in the top 2% of all properties. This is a standout feature for privacy, gardening, or future expansion.
Q2: The assessed value seems high compared to the street average. Why?
A: While the assessed value is above the street's average, it is closely aligned with the broader neighborhood average for Victoria Crescent. This suggests the property's size, newer construction (1970 vs. a street average of 1951), and large lot justify its valuation within this specific, sought-after area.
Q3: Is the living space efficiently laid out for a home of this size?
A: The data shows the living area is significantly larger than both street and city averages. While specific floor plans aren't detailed, the year built (1970) often indicates more open-concept layouts compared to older, segmented designs, which could mean more usable and modern living space.
Q4: What does the "around average" ranking for the neighborhood tell us?
A: For living area and assessed value, the property ranks near the middle of the Victoria Crescent neighborhood. This indicates it fits comfortably within the local market—neither the largest nor the most expensive on the crescent, but a solid, representative property in a prime area, which can be a stable investment.
Q5: Does the 1970 build year mean it will need major updates?
A: While any home of this age will have components nearing the end of their lifespan (like roofing or windows), being built in 1970 is a relative advantage. It is notably newer than the average home on its street (1951) and on par with the city average, potentially meaning fewer outdated systems (like knob-and-tube wiring) and more modern construction standards than much older homes.