Property Overview
This home at 324 Victoria Crescent presents a compelling blend of space, value, and established character. Its primary appeal lies in offering significantly more room than typical Winnipeg homes, both inside and out, while maintaining a manageable scale on its street.
Key Characteristics & Appeal
The standout feature is the generous 2,701 sqft of living area, which places it in the top 2% city-wide—truly elite for interior space. This is complemented by a large, private lot of nearly 10,000 sqft, offering ample outdoor potential. Built in 1966, the home is newer than many on its street, suggesting potentially fewer immediate concerns from aging infrastructure.
Its appeal is nuanced: while it is a notably large and valuable property compared to the entire city, it sits as a more moderately-sized, above-average home within the immediate Victoria Crescent neighborhood. This creates a "best of both worlds" scenario—a spacious, substantial property that doesn't feel overwhelmingly large or out of place on its block. It would perfectly suit buyers seeking extensive living space for a growing family, those who value generous private yards, or anyone looking for a home whose size and assessed value represent a long-term investment in an established area.
Frequently Asked Questions
1. How does the assessed value compare to similar homes?
The home's assessed value of $731k is in the top 3% city-wide, indicating a high-value property. On its own street, it ranks well above the average, but within the broader Victoria Crescent neighborhood, it sits closer to the mid-range, suggesting the area may contain a mix of substantial estates and more modest homes.
2. Is the lot size typical for the area?
At 9,666 sqft, the lot is larger than most in Winnipeg (top 7%) and above average for Victoria Crescent street. However, it's smaller than the very large neighborhood average, meaning some nearby properties have significantly more land, while this lot offers a balance of size and manageability.
3. What does the "Elite" city-wide ranking for living area mean?
This means that out of nearly 200,000 comparable homes in Winnipeg, this property's interior square footage is in the top 2%. You are getting a level of interior space that is exceptionally rare across the city.
4. The home was built in 1966. Is that a concern?
The year 1966 is actually above average for Victoria Crescent street, where many homes are older (average year built 1951). It aligns with the neighborhood average. This suggests the home may benefit from somewhat newer construction techniques and systems than many of its immediate neighbors, though a thorough inspection is always recommended.
5. Who would this property suit best?
This home is ideal for buyers who prioritize abundant interior space and a large yard but prefer a property that feels established and integrated into its streetscape, rather than a standalone estate. It offers premium space city-wide while maintaining a relatable scale within its desirable neighborhood.