Property Overview
This home at 314 Winona Street presents a compelling mix of space, location, and value within Winnipeg's Victoria West community. Its standout feature is the exceptionally large lot of 6,709 sqft, which places it in the top 3% on its street and top 1% within the wider neighborhood. This offers rare potential for outdoor living, gardening, or future expansion. The living space of 1,245 sqft is comfortably above average for both the immediate street and the Victoria West area, providing ample room.
The home’s appeal lies in this above-average footprint paired with a property tax assessment that is sensible relative to its locale. While the 1948 build date is typical for the area, it suggests a well-established character home. This property would particularly suit buyers who prioritize generous outdoor space over a brand-new build, and who see value in a home that offers more land and interior space than most of its neighbors, without a premium city-wide price tag. It’s a solid choice for those seeking a established community feel with room to grow.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings show how this property compares to similar ones in three areas: its specific street, the Victoria West community, and all of Winnipeg. For example, its land size is exceptional locally, while its living space and assessed value are strong in the neighborhood but closer to the city-wide average.
2. Is the 1948 build year a concern?
It’s typical for the Victoria West area, where the average build year is around 1945. This means the home is part of the area's established character. Prospective buyers should factor in a thorough inspection to understand the condition of major systems like plumbing, electrical, and the roof, which is standard for any home of this era.
3. The lot is large, but what can I actually do with it?
Beyond a spacious yard, a lot of this size could accommodate additions like a large deck, shed, or workshop, subject to local zoning bylaws. It provides a sense of privacy and space uncommon in the central part of the city.
4. Why is the city-wide assessment value lower than the Winnipeg average?
The city-wide average assessment is pulled higher by newer, larger homes in suburban developments. This home’s assessment is actually above average for its own neighborhood, indicating it is valued appropriately within its more established, central context.
5. Where can I get a clearer visual comparison with nearby homes?
The listing suggests using the "Open Surrounding Map Analysis" feature. This tool allows you to see this property's specific metrics (like year built, lot size) plotted directly against its immediate neighbors on a map for an intuitive, side-by-side comparison.