Property Overview & Appeal
This 1945-built one-and-a-half storey home in Vialoux sits on a remarkably large, approximately 11,842 sqft lot, which is its most defining feature. With 1,367 sqft of living space, an unfinished basement, and a detached garage, the house offers classic layout and significant potential. Its appeal lies in the rare combination of a vast, private yard within the city—a canvas for gardening, recreation, or future expansion—paired with a solid, vintage home that awaits your personal updates. The property ranks exceptionally well for lot size, placing in the top 4% of all Winnipeg, offering a level of space rarely available.
It would perfectly suit a buyer looking for a long-term family home where the land is the primary asset, valuing outdoor space over turn-key interior finish. It’s also ideal for a hands-on owner who envisions customizing both the house and grounds over time, as well as for an investor who recognizes the inherent value and future potential of such a large parcel.
Key Questions for Consideration
1. What does the "unfinished basement" entail?
This indicates the basement has core structural elements (foundation, utilities) but is not developed into living space. It presents both a blank slate for future finishing and a need to budget for any necessary updates to plumbing, electrical, or moisture control.
2. The house is from 1945. What should I anticipate?
While built with durable materials, systems like plumbing, wiring, and the roof are likely at or beyond their typical service life. A thorough inspection is crucial to understand the condition and prioritize updates, balancing historic charm with modern functionality.
3. How does the large lot impact costs and rules?
A lot of this size means higher property taxes relative to house size. It also provides ample space, but any future additions, sheds, or pools must comply with local zoning bylaws for setbacks and coverage, which should be verified.
4. The value rankings seem mixed. What's the takeaway?
The property shines in land size (top 4% in Winnipeg) but is older than average. This highlights its core proposition: you are investing significantly in the land itself, with the existing house representing a separate value component with its own update timeline.
5. Is the detached garage a practical benefit?
Yes, it provides secure storage and workshop space separate from the house. However, check its structural condition, electrical service, and the practicality of its placement on the large lot relative to where you might want a driveway or future projects.