3161 Vialoux Drive

Property Overview

This 1983-built, two-storey home on Vialoux Drive presents a compelling opportunity in Winnipeg's real estate market. Its primary appeal lies in offering substantial space and established character on a very generous lot. With over 2,700 square feet of finished living space and a 12,500+ square foot property, it provides room to grow and privacy that is increasingly rare. The home ranks in the top tier for size, value, and lot dimensions within the broader city, suggesting a property that outperforms most comparables in these key metrics. It would particularly suit buyers looking for a long-term family home with ample indoor and outdoor space, or those who value the mature, settled feel of a four-decade-old neighbourhood. A thoughtful perspective is that while the 1983 build date places it in the middle of its local market for age, the exceptional rankings for living area and lot size indicate a property that was originally, and remains, a premium offering within its area—it's not just another house on the block.

Key Details & FAQs

Key Characteristics:

• Size & Space: A standout feature is the scale: 2,734 sq ft of living space and a 12,568 sq ft lot, both ranking in the top 10% locally and top few percent city-wide.
• Established Setting: Built in 1983, the home is part of a mature neighbourhood with developed landscaping and settled community feel.
• Layout & Features: It is a two-storey home with a finished basement and an attached garage.
• Market Position: The property's assessed value of $767,000 ranks highly against neighbours, indicating it is considered a higher-value home in its area.

FAQs:

1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in its immediate street, neighbourhood, and all of Winnipeg. For example, ranking in the "top 3%" for lot size in Winnipeg means only 3% of properties have a larger lot, highlighting its rarity.

2. Is a 43-year-old home a concern?
While the build year (1983) means systems like roofing, windows, or plumbing may need evaluation or updating, the home's excellent condition rankings suggest it has been maintained. Its age also typically means a larger lot and more established trees than newer subdivisions.

3. Who would this home suit best?
It's ideal for a family seeking space for children to play, someone wanting gardening or outdoor projects, or a buyer looking for a home with proven value appreciation in its community. It suits those preferring move-in ready but updateable character over a brand-new build.

4. Why is the lot size a significant advantage?
Beyond privacy and space, a lot of this size (nearly a third of an acre) offers future potential—whether for additions, a large workshop, or a pool—that simply isn't possible on standard suburban lots today.

5. What's less obvious about this property's value?
The data shows it excels in the most permanent metrics: land size and total living area. These are things that cannot be easily changed and often drive long-term value more than cosmetic updates. It represents a solid, substantial asset in a well-established location.