Property Overview

This one-storey home on a large, 10,665 sqft lot in Vialoux presents a distinct opportunity. Its key appeal lies in the combination of a very generous, private yard and a functional, fully finished basement, all within a highly affordable price point for Winnipeg. Built in 1945, the 906 sqft main living area is compact, suggesting a home that values efficient use of space over sprawling square footage. The recent sale at the assessed value of $351,000 indicates a transparent and stable market valuation.

The property would suit first-time buyers, downsizers, or investors seeking a low-maintenance footprint with exceptional outdoor space potential. Its standout characteristic is the lot size, which ranks in the top 5% of all Winnipeg properties, offering rare room for gardens, play, or expansion. The appeal is practical: it’s a grounded, value-oriented home where the land is the primary asset. It’s less suited for those seeking modern finishes or extensive above-grade living space without a renovation project.

Key Questions for Consideration

1. What does the "fully finished basement" include, and what is its condition? Given the home's age and modest main-floor size, the usability and quality of this below-grade space are crucial to the overall living experience.
2. How has the 1945 structure been maintained, particularly the roof, wiring, and plumbing? Understanding the updates made over the years will be essential for budgeting future maintenance.
3. What is the zoning, and are there any restrictions on the large lot? The exceptional land size raises natural questions about potential for additions, outbuildings, or even future subdivision, subject to local regulations.
4. Is there potential for adding a garage or parking structure? The listing notes no garage, so the feasibility and cost of adding one would be a key consideration for many buyers.
5. How does the neighbourhood character balance convenience and tranquility? Vialoux is often valued for its quiet, established feel; verifying access to amenities, transit, and the specific street's atmosphere would be important.