Property Overview: 3190 Vialoux Drive
Key Characteristics & Ideal Buyer
This well-established 1974 bungalow sits on a generous 7,087 sqft lot in Winnipeg. Its key features include a fully finished basement, an attached garage, and 1,384 sqft of living space. The appeal lies in its balance of space, established neighborhood character, and solid value. It ranks highly city-wide for lot size (top 16%) and overall assessed value (top 29%), indicating a property with substantial underlying asset value in a desirable setting.
It particularly suits practical buyers looking for a move-in-ready home without the premium of a new build. It’s ideal for those who prioritize a large yard over sheer interior square footage, and for owners who appreciate the stability and mature landscaping of a 50-year-old neighborhood. A thoughtful perspective is that this home represents a "value-hold" in its area—its above-average city rankings on key metrics suggest it's a resilient property that has kept pace well, appealing to buyers seeking a sensible long-term investment as much as a comfortable home.
Frequently Asked Questions
1. How does the age of the home affect potential maintenance?
Built in 1974, major components like the roof, windows, and HVAC system are likely to have been replaced or will be due for attention. A thorough inspection is advised, but the home’s age is typical for the neighborhood and is reflected in its price point.
2. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking in the "top 16%" for lot size in Winnipeg means 84% of city homes have a smaller lot. It’s a quick way to see this home’s competitive strengths.
3. The last sale was in July 2023 for $430,000. Why is the assessed value slightly lower at $428,000?
Municipal assessments for tax purposes often lag behind the current market and are based on mass appraisal models. The close alignment between the recent sale price and the assessment suggests the valuation is very current and accurate.
4. Is the finished basement included in the 1,384 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding significant functional space to the home’s total usable footprint.
5. Who would this home not suit?
Buyers seeking a modern, open-concept layout or who wish to avoid any renovation projects may find it less ideal. It also may not fit those prioritizing a brand-new home or the very latest in interior design trends.