Property Overview: 3155 Vialoux Drive

Key Characteristics & Appeal

This is a substantial, well-established family home in Winnipeg, built in 1981 and situated on a large, approximately 13,718 sqft lot. The property features a two-storey layout with 2,386 sqft of living space, a finished basement, an in-ground swimming pool, and an attached garage. Its standout appeal lies in its generous proportions and proven desirability, as evidenced by its recent sale in June 2024 for $924,000—significantly above its assessed value. The home ranks in the top tier of properties across Winnipeg for lot size, living area, and overall value, offering a sense of space and privacy that is increasingly rare.

Beyond the obvious features, its true character is that of a "mature premium" property. The 45-year-old build suggests a neighbourhood with established greenery and a settled feel, while the recent transaction indicates strong modern demand and confidence in the home's condition and location. It perfectly suits buyers looking for a ready-made family compound with room to grow, entertain (thanks to the pool and large yard), and who value a home with a proven investment pedigree in the market. It would also appeal to those who appreciate a home with scale and presence, without being in a brand-new development.

Frequently Asked Questions

1. How does the recent sale price compare to the assessment?
The home sold for $924,000 in June 2024, which is approximately $138,000 above its most recent assessed value of $786,000. This indicates strong market demand and buyer perception of value exceeding the municipal assessment for this specific property.

2. Is the pool a major factor in maintenance?
While a fantastic amenity for summer, an in-ground pool represents a significant ongoing commitment. Prospective buyers should budget for seasonal opening/closing, regular cleaning, chemical balances, and higher utility costs. It's a source of enjoyment but also a dedicated maintenance item.

3. What do the ranking percentages actually mean?
The rankings show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, being in the "top 3%" for living area in Winnipeg means only 3% of homes in the city are larger. These figures highlight the property's relative size and value stature within different geographic circles.

4. With a home from 1981, what should I be prepared for?
A home of this age is likely to have undergone various updates, but major systems (like roof, windows, plumbing, electrical, and HVAC) may be at or approaching key renewal points. A thorough inspection is crucial to understand the condition and timeline for any potential capital investments.

5. Does such a large lot come with any drawbacks?
The nearly one-third-acre lot provides excellent privacy and space. However, it also means more yard work, higher landscaping costs, and potentially higher property taxes relative to homes on smaller lots. The trade-off is space and seclusion versus ongoing upkeep effort and expense.