Property Overview
This home at 3 Kingshead Close presents a well-proportioned and efficiently sized offering in Winnipeg's Vialoux community. Its key appeal lies in its balanced, above-average positioning across several metrics when viewed city-wide, suggesting a solid, no-surprises foundation. With 1,374 sqft of living space, it sits close to the average for its immediate street and outperforms the city-wide average. The 1974 build year is notably newer than most on its street. A significant point of strength is its assessed value, which ranks in the top quarter city-wide, indicating official recognition of its worth relative to the broader market. The lot size, while smaller than the neighborhood norm, is efficiently laid out and ranks well above average across Winnipeg.
This property would suit practical buyers looking for a manageable, established home in a quiet close. It’s ideal for those who value a balanced footprint—enough room to live comfortably without excessive maintenance—and who appreciate a home that holds its assessed value competitively. It may particularly appeal to downsizers or first-time buyers seeking a sensible entry into a stable neighborhood without the premium price tag of a larger lot.
Frequently Asked Questions
1. How does the lot size compare, given it's noted as below the neighborhood average?
While the lot is smaller than the Vialoux community average, it is actually larger than the typical Winnipeg lot. This suggests you're getting a efficiently sized yard that requires less upkeep, while still being generous by city standards. It's a trade-off that favors manageable maintenance over vast, unused space.
2. The home was built in 1974. Should I be concerned about major systems or updates?
The build year ranks as the newest on its street, which is a positive. However, any home of this age will have components near or past their typical lifespan. A thorough inspection focusing on the roof, windows, original plumbing, and electrical systems is essential to understand what updates may have been done and what might be needed soon.
3. The assessed value seems high relative to the city average. What does this mean for property taxes?
A higher assessment typically leads to a higher property tax bill, as taxes are calculated as a percentage of this value. While it signifies the city views the property as valuable, you should budget accordingly. It's wise to research the actual annual tax amount for the most recent year.
4. The living area is described as "close to average." Is the home likely to feel cramped?
At 1,374 sqft, the living space is very close to the average for both its street and the entire city, indicating it's a standard, functional size for the market. It should comfortably accommodate a typical family layout. The feeling of space will depend more on the specific floor plan and room proportions than the raw square footage.
5. What does the ranking data actually tell me about the neighborhood?
The data reveals that Kingshead Close is a consistent, established street where homes are similar in size and age. The wider Vialoux community, however, has more variation, with generally larger lots. This suggests the specific close offers a cohesive setting, while the broader area has a mix of property types.