154 Princeton Boulevard

Property Overview: 154 Princeton Boulevard

Section 1: Key Characteristics & Appeal

This is a spacious, modern two-storey home in Winnipeg's Vialoux area, built in 2004. Its primary appeal lies in its generous proportions and established, high-ranking position within the market. The home sits on a large, approximately 12,437 sqft lot and features over 2,200 sqft of living space, a finished basement, an attached garage, and a private pool.

The property consistently ranks in the top tier across multiple metrics—often within the top 10-15% of its immediate street and community for size, value, and modernity, and within the top 5% city-wide for living space and assessed value. This data suggests a home that offers both ample room and a strong, competitive standing. Its 2019 sale price of $680,000 and current assessed value of $752,000 indicate a history of solid value retention and growth.

This home would best suit buyers looking for a move-in ready, substantial family home in a mature setting, without the uncertainties of a new development. It appeals to those who value space, privacy (offered by the large lot), and recreational amenities like a pool for summer enjoyment. The strong rankings suggest it’s a property for buyers who view a home as a long-term investment and appreciate quantifiable market strength, not just aesthetic features.

Section 2: Frequently Asked Questions

1. What do the "rankings" actually mean?
They are a data-driven comparison showing how this property measures against others on its street, in the Vialoux community, and across all of Winnipeg. For example, ranking in the top 3% in Winnipeg for assessed value means it is valued higher than 97% of other city properties, indicating a premium and desirable asset.

2. Is the pool a major added value or a potential burden?
It's both. For the right buyer, it's a significant private recreational amenity that enhances summer living and entertainment. However, it requires ongoing maintenance, adds to utility costs, and carries insurance considerations. Its value is highly dependent on the buyer's lifestyle.

3. The home was last sold in 2019. What does that suggest?
The five-year ownership period suggests the sellers have likely enjoyed the property's appreciation and may be moving for lifestyle reasons (upsizing, downsizing, relocation) rather than due to any short-term issue with the home itself. It indicates a stable ownership history.

4. How significant is the lot size?
At over 12,000 sqft, the lot is substantially larger than many modern subdivisions offer. This provides ample backyard privacy, space for gardening, the pool area, and future outdoor amenities. It's a key feature for those wanting room to breathe and is increasingly rare in newer builds.

5. Does the high assessed value guarantee the sale price?
Not necessarily. The municipal assessment is for taxation purposes and lags behind the current market. However, consistently ranking in the 97th percentile city-wide is a powerful indicator of the property's fundamental worth and desirability, forming a strong foundation for its market price.