Property Summary: 312 Victoria Crescent
Key Characteristics & Appeal
This home presents a compelling blend of space, value, and established character. Its primary strength is its generous 2,069 sqft living area, which places it well above average for both its immediate street and the entire city of Winnipeg. This is complemented by a sizable 9,394 sqft lot, offering ample outdoor space that is a rarity citywide. Built in 1963, the property is newer than many on its street, suggesting potentially fewer immediate updates compared to older neighbors.
The appeal lies in its balanced position. It’s a larger, well-valued home on a street of more modest properties, offering space without the premium price tag of the broader neighborhood, where average values are significantly higher. The data suggests you get more house and land for your money here compared to city averages, while being part of a mature, established community.
This property would suit practical buyers looking for space—growing families or those wanting room to spread out—who value a quiet, established street. It’s ideal for someone comfortable with a home of this era, who may see potential in its above-average footprint and lot size relative to its assessed value. It’s less suited for those seeking a brand-new home or the very largest estate lots found elsewhere in the neighborhood.
Frequently Asked Questions
Q: How does this home’s value compare to its surroundings?
A: Its assessed value is above average for the street and the city, but sits around the average for the wider Victoria Crescent neighborhood. This indicates you may get more square footage and land here than on this specific street, while still being positioned below the neighborhood's higher average values.
Q: Is the lot size typical for the area?
A: It’s larger than most city lots and above average for Victoria Crescent street, but below the average for the full Victoria Crescent neighborhood. This means the lot is generous in a city context, but the neighborhood does contain even larger properties.
Q: What does the year built tell us?
A: Built in 1963, the home is newer than the average house on its street (1951), which could imply updated infrastructure or layout for its era. It’s roughly average for the city and immediate neighborhood.
Q: Are the space and value metrics reliable?
A: The rankings consistently show the living area and land size are in the top quartile city-wide and on its street, while the value is above average. This consistent pattern across different scales adds credibility to the data.
Q: Who might this property not suit?
A: Buyers seeking a modern, recently built home or those prioritizing an exceptionally large estate-sized lot within this specific neighborhood might find other properties more aligned. Its value is in offering substantial space on a well-established street.