Property Overview
This two-storey home on Vialoux Drive is a substantial property, distinguished by its generous scale and prime positioning within its community. Built in 1997, it sits on a large, half-acre lot (over 22,800 sq ft) and offers nearly 2,750 sq ft of living space, including a finished basement. The home's appeal lies in its combination of space, established maturity, and highly desirable rankings. It consistently places in the top tier of its street, neighborhood, and the wider Winnipeg area for lot size, living area, and assessed value. This isn't just a large house; it's a property that outperforms most of its peers in key metrics. It would suit buyers looking for a spacious, established family home in a sought-after location, particularly those who value room to grow, privacy, and a property with a strong, data-backed standing in the market. A thoughtful perspective is that while the home is nearly 30 years old, its top-tier rankings for "newness" on its street suggest it is among the more contemporary homes in an already established and desirable area, offering a balance of mature landscaping and modern construction.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings show how this property compares to others. For example, being in the "top 1%" in Winnipeg for lot size means it is larger than 99% of other residential properties in the city, highlighting its exceptional outdoor space and rarity.
2. The assessed value is higher than the 2020 sale price. Is that a concern?
Not necessarily. Municipal assessments are for tax purposes and can differ from market value. The consistent increase from the 2020 purchase price to the current assessed value generally indicates strong market appreciation and aligns with the property's high rankings.
3. Is the finished basement included in the 2,748 sq ft living area?
Typically, municipal living area (sq ft) refers to above-grade space. The "finished basement" is an additional feature, meaning the total usable space in the home is greater than the listed 2,748 sq ft.
4. What are the implications of such a large lot?
Beyond privacy and space for recreation or gardens, a lot of this size (over half an acre) offers future potential, whether for adding structures like a shed or workshop, or simply enjoying expansive green space. It also means higher property taxes relative to smaller lots.
5. The home ranks highly for being "new" on its street but is 29 years old. Why?
This indicates that Vialoux Drive is likely an established neighborhood where most homes are older. A 1997 build is relatively newer in that context, suggesting the home may have more modern construction fundamentals than many of its neighbors, while still benefiting from a mature, settled community.