Property Summary: 160 Alcrest Drive

Key Characteristics & Appeal

This is a well-established, single-storey home on an exceptionally large, mature lot in Vialoux. Its primary appeal lies in the rare combination of a spacious 18,338 sqft property—placing it in the top 2% of all lots in Winnipeg for size—with a practical, fully finished basement. Built in 1945, the 1,051 sqft home is a classic post-war bungalow, offering a grounded, no-frills living space.

The property’s standout feature is undoubtedly its land. The lot size ranks in the top 9% within both its immediate street and broader community, offering immense potential for gardening, recreation, or future expansion. While the house itself is modest in size and era, its rankings for living area and assessed value are solidly mid-range for the city, suggesting it is a functional home in a desirable location. The fully finished basement adds valuable living space.

This home would best suit a buyer who values outdoor space and established neighborhoods over a modern, turn-key interior. It’s ideal for someone with a vision for gardens or outdoor projects, or a family seeking a large, private yard. It could also appeal to a value-conscious buyer looking for a home with a finished basement on a premier lot, understanding that a home from the 1940s may require updates over time.

Frequently Asked Questions

1. What does the high lot ranking truly mean for me?
It means you are purchasing a property that is larger than 98% of homes in Winnipeg. This is a significant and permanent asset, offering privacy, space, and options that are increasingly rare in the city.

2. The home was built in 1945. What should I be aware of?
While systems may have been updated, the age suggests you should pay close attention to the condition of the original building envelope, including the roof, windows, and foundation, during an inspection. The plumbing and electrical systems may also be older.

3. How usable is a lot of this size?
Beyond a large lawn, a lot of nearly 18,500 sqft can comfortably accommodate extensive gardens, a sizable workshop or shed, sport courts, or even potential for an addition (subject to zoning and permits). It offers a rare sense of openness in the city.

4. The home’s size ranks lower than its lot size. Is that a concern?
Not necessarily. This indicates the value is heavily weighted toward the land. For the right buyer, this is an advantage—you get a functional home on a spectacular lot. It may mean the interior feels cozy compared to the expansive outdoors.

5. What is the neighborhood character like?
Being in Vialoux, an established area with homes from a similar era, you can expect tree-lined streets, varied architectural styles, and a settled community feel. The high lot rankings on the street and in the community indicate this is a particularly spacious part of the neighborhood.