Property Overview: 3527 Vialoux Drive
Key Characteristics & Appeal
This is a classic two-storey home built in 1975, situated on a remarkably large, private lot of approximately 31,754 square feet in Winnipeg. Its primary appeal lies in the exceptional amount of land, which offers immense potential for gardening, recreation, or future expansion, placing it in the top tier of properties in the city for lot size. With 2,143 square feet of living space and an unfinished basement, the home provides solid fundamentals with room for personalization. The property’s high assessment value ranking suggests it is viewed as a premium asset within its market.
It would best suit buyers who prioritize land and privacy over a turn-key modern home. It's an ideal canvas for someone looking to put their own stamp on a property, whether through renovations, landscaping, or finishing the basement. The large lot also makes it a compelling option for multi-generational families or those seeking a serene, park-like setting within the city.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The rankings indicate that this property's lot is larger than 99% of all residential lots in Winnipeg, making it a truly rare find for its sheer land area within city limits.
2. Is the unfinished basement a drawback or an opportunity?
While it requires an investment to finish, the basement presents a significant opportunity to add customized living space, such as a recreation room, home gym, or additional bedrooms, tailored to a new owner's needs.
3. The home is 50+ years old. What should I consider?
As with any home of this age, a thorough inspection is essential to understand the condition of major systems like roof, plumbing, and electrical. Its vintage also means it may have charming architectural details not found in newer builds.
4. How does the 2016 sale price relate to the current assessment?
The 2016 sale price provides historical context, while the current assessment reflects the municipal valuation for tax purposes. Market value is determined by current buyer demand, but the significant increase between the two figures highlights the property's substantial appreciation in perceived value.
5. Who would this property not suit?
It may not be the best fit for buyers seeking a low-maintenance, modern property ready for immediate move-in without any projects. The scale of the lot also means higher maintenance (like lawn care) compared to a standard city plot.