Property Overview
This home at 263 Victoria Crescent is a truly exceptional property, defined by its elite standing in nearly every metric. Built in 2017, it offers over 4,300 sqft of modern living space on a generous, private lot. Its appeal lies not just in its size and newness, but in its rare combination of a contemporary build within an established, prestigious neighborhood. This creates a unique value proposition: enjoying the benefits of a modern floor plan, systems, and finishes without compromising on location or lot size. It ranks in the top 1-2% of the entire city for both living area and assessed value, signaling a property designed for uncompromising quality and space.
The home is ideally suited for buyers who prioritize expansive, modern interiors and seek a turn-key property of the highest caliber. It would fit a growing or multi-generational family needing ample room, or a professional couple who entertains frequently. It also appeals to the discerning buyer who values data-driven investment; the property's elite rankings are a strong indicator of its enduring premium status and potential for value retention in the Winnipeg market.
Frequently Asked Questions
1. How does a newer home like this fit in with the older character of Victoria Crescent?
While the street and neighborhood averages show homes built in the 1950s and 60s, this 2017 build offers a distinct advantage: modern construction standards, energy efficiency, and a contemporary layout without the need for major renovations. It provides the established location with the benefits of a new home.
2. The lot size ranking is "Around Average" for the neighborhood. Is that a concern?
Not at all. With nearly 21,000 sqft, the lot is still exceptionally large by city-wide standards (top 1%). The "around average" neighborhood ranking simply reflects that Victoria Crescent is an area known for very substantial properties. Your lot is over twice the size of the average Winnipeg lot and provides significant privacy and outdoor space.
3. What does the assessed value tell us about the property?
An assessed value of $2.09M, ranking 2nd on its street and in the top 1% city-wide, is a formal indicator of the property's premium market position. It reflects the combined value of the large, new construction, the desirable lot, and the elite location. This often correlates with a stable and strong resale value.
4. Who might this property not be suitable for?
Given its scale and premium positioning, it may not suit first-time buyers or those seeking a low-maintenance, lock-and-leave lifestyle. The size implies corresponding utility costs, maintenance, and furnishing considerations. It's a property for those ready to steward a substantial home.
5. The data shows "Elite" rankings for living area. What does that mean for daily life?
Beyond impressive statistics, a living area in the top 1% translates to practical luxury: dedicated spaces for home offices, gyms, or media rooms; spacious common areas that don't feel crowded during gatherings; and ample storage. It allows for both shared family time and private retreat within the home.