Property Overview
This home at 911 Winona Street in Victoria West presents a compelling opportunity defined by its generous space and established location. Its primary appeal lies in offering significantly more living and land area than most comparable homes in its immediate neighborhood, while maintaining a tax assessment value that is very much in line with local averages. Built in 1950, it is a classic Winnipeg home that sits on a larger-than-average lot for the area.
Key Characteristics & Ideal Buyer
The standout feature of this property is its spaciousness. With 1,480 sqft of living space, it ranks in the top 6% on its own street and the top 4% within the wider Victoria West community, where average homes are notably smaller. This makes it a rarity for the area, offering room to grow that is hard to find locally. Complementing this is a land size of 5,260 sqft, which is also substantially above the neighborhood average, providing ample outdoor space for gardening, play, or expansion.
The home’s tax-assessed value of $301,000 is consistent with the averages for both Winona Street and Victoria West, suggesting its municipal valuation is not inflated by its size advantage. From a city-wide perspective, the home offers a unique proposition: it provides the larger lot and living space often found in newer suburban areas, but within a mature, inner-city community. This combination is particularly well-suited for buyers who prioritize indoor and outdoor space over a newer build, and who see value in an established neighborhood with character. It would appeal to growing families seeking a "forever home" footprint in Victoria West, or to value-oriented buyers who understand that the cost of a similar-sized lot in a newer area might be higher, albeit with a newer house.
Frequently Asked Questions
1. How does the 1950 build year affect the home?
While newer than the average home on its street, a 1950s build means prospective buyers should budget for updates to major aging components like plumbing, electrical, windows, and the roof. A thorough inspection is essential. The upside is the potential for solid construction and classic architectural details often found in homes of this era.
2. The living space is large for the area, but how does it compare city-wide?
Interestingly, while the home is exceptionally spacious for Victoria West, its living area is slightly below the Winnipeg city average. This highlights a key point: Victoria West is a neighborhood of generally more compact, classic homes. This property offers a "best of both worlds" scenario—larger interior space than your immediate neighbors, within a sought-after, convenient community.
3. Why is the tax assessment close to the neighborhood average despite the larger size?
Municipal assessments consider many factors beyond pure square footage, including the home's age, condition, and specific location. The assessment suggests that from a tax perspective, the property is not penalized for its larger size, which can be a financial advantage. However, market value can differ from the assessed value.
4. What does the above-average land size practically offer?
Beyond a larger yard, it provides valuable flexibility. It could accommodate additions like a garage, a larger deck, or a garden suite (subject to zoning approvals). It also typically offers more privacy and distance from neighboring houses than is common in the core of the city.
5. How meaningful are these ranking statistics?
They provide excellent context. The "top 4% in the community" for living space is a strong, data-driven indicator that this is a uniquely spacious home for Victoria West. The rankings help you understand what you're paying for: here, a premium on space within a specific location, rather than a new build or a city-wide top-tier assessment value.