Property Overview & Key Characteristics
This 1992-built, single-storey home on Vialoux Drive offers a well-established and spacious living environment. Its primary appeal lies in its generous 11,578 sqft lot—a significant size that ranks in the top 4% of all properties in Winnipeg—providing exceptional outdoor space and privacy. The 1,774 sqft finished living area, which is larger than 84% of Winnipeg homes, is complemented by a finished basement, offering ample room for family life or entertaining. With a recent assessed value of $619,000, it sits comfortably in the top tier of the local market.
The home suits buyers seeking a move-in ready property with a classic layout and, most notably, a large, blank-canvas yard. It’s ideal for families, gardeners, or anyone who values expansive outdoor space over a brand-new build. Its strong rankings across lot size, living area, and value within its established neighborhood suggest a property that is both a comfortable home and a sound, long-term investment in a desirable location.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in its neighborhood, and across all of Winnipeg. For example, being newer than 93% of homes on its street and having a larger lot than 96% of homes in Winnipeg are strong indicators of its relative desirability and rarity in the market.
2. Is the large lot mostly usable space?
While the listing confirms the total size, it's always wise to verify the layout, topography, and any easements during a viewing. A lot of this size offers tremendous potential, but its specific use for gardens, play areas, or additions should be assessed on-site.
3. What are the implications of a 1992 build year?
A home from this era typically benefits from modern wiring and insulation standards, while potentially needing updates to original finishes like flooring, countertops, or bathrooms. The major systems (roof, windows, HVAC) are likely within or approaching their typical renewal periods, which should be factored into maintenance planning.
4. How does the finished basement affect living space?
The finished basement significantly increases the usable square footage beyond the main floor's 1,774 sqft. It's ideal for a recreation room, home office, or additional bedrooms, but it's important to check the ceiling height, natural light, and moisture control to ensure it meets your needs.
5. Why is there a focus on "value" rankings?
The assessment value ranking (higher than 94% of Winnipeg homes) suggests the property is in a premium segment for the city. This can indicate a stable or appreciating area, but it also means property taxes will be correspondingly higher. Buyers should weigh the benefits of the location and amenities against the ongoing tax commitment.