94 Salme Drive

Property Overview: 94 Salme Drive

Key Characteristics & Appeal

This 1971-built home on Salme Drive in Victoria Crescent presents a compelling mix of citywide value and established neighbourhood character. With 2,370 sqft of living space, it offers ample room and sits on a 9,748 sqft lot. The data reveals a nuanced profile: while its size and lot are around average for its immediate street and neighbourhood, they rank within the top 10% citywide, indicating you get significantly more space here than in most of Winnipeg. The assessed value of $575k is notably below the averages for both the street and neighbourhood, yet sits well above the city average, suggesting a potential value opportunity within a desirable area.

Its appeal lies in this positioning. It’s a home for a buyer who prioritizes interior and lot space over a premium street address, offering the feel of an established, roomy property without the peak price tag of its immediate surroundings. It would suit a practical buyer looking for a long-term family home in a mature neighbourhood, who sees the value in a solid, spacious property that may benefit from updates. A thoughtful perspective is that this home represents the "backbone" of the city's housing stock—not the newest or most extravagant on its block, but a substantially sized and well-located property that forms the core of a community.

Frequently Asked Questions

Q: How does the assessed value compare to likely market value?
A: The assessed value is a key municipal figure for calculating taxes, not a direct market price. At $575k, it's below area averages, which could indicate a number of factors. A professional appraisal and market analysis are essential to determine current market value.

Q: Is the lot size a pro or a con?
A: It depends on your priorities. At 9,748 sqft, it's smaller than many on the street but larger than 93% of lots citywide. It offers generous outdoor space for most uses while potentially requiring less maintenance than the largest estates in the area.

Q: The home was built in 1971. What should I consider?
A: This is a mature home. While the build year is above average for the street, it warrants a thorough inspection. Key systems like roofing, plumbing, electrical, and insulation may be original or due for updates, which should be factored into planning and budgeting.

Q: The rankings show "Elite" citywide living area but "Around Average" for the neighbourhood. What does that mean?
A: It highlights the calibre of Victoria Crescent as a whole. You are buying into an area where larger homes are the norm, so your property is comfortably in scale with its peers while still being a very spacious home by general city standards.

Q: What's the main takeaway from this data comparison?
A: This property offers the space and established location of a mature, high-quality neighbourhood, but with an assessed value that sits below its immediate peers. This creates a potential value scenario, making it a strong candidate for buyers whose focus is on the inherent assets of the house and land rather than paying for the most expensive lot on the block.