3401 Vialoux Drive

Property Summary: 3401 Vialoux Drive, Winnipeg

Section 1: Overview & Appeal

This property is defined by its rare combination of generous space and established character. Its key characteristic is an expansive, nearly 27,000 sqft lot, placing it in the top tier of properties in Winnipeg for land size. The two-storey home, built in 1918, offers over 2,300 sqft of living space. The appeal lies in the exceptional outdoor potential and the solid foundation of a century-old home. It suits a specific buyer: someone with a vision for gardens, recreation, or future expansion who is prepared for the stewardship of a character home. This is not a move-in-ready modern box; it’s a project with profound potential. The value proposition is the land first, the house second. It would attract buyers looking for a legacy property, hobby farmers, or those seeking privacy and room to create within the city. A less obvious perspective is its appeal to multigenerational living, where the vast lot could accommodate separate outdoor living areas or future auxiliary buildings.

Section 2: Key Considerations (FAQs)

1. What is the condition of the 108-year-old house?
The listing notes an unfinished basement and provides no mention of recent major updates. Prospective buyers should budget for and prioritize a thorough inspection, focusing on foundational integrity, wiring, plumbing, and the roof, which are typical considerations for a home of this age.

2. How can the huge lot be utilized?
The land is the star. Uses could include extensive gardening, installing sports courts or a pool, creating natural play areas, or keeping pets. Its size also offers potential for future subdivision (subject to city approval) or adding a garage/workshop.

3. Who is this property not suited for?
It’s likely not for buyers seeking a low-maintenance, modern, or turn-key home. The upkeep of a large lot and an older home requires significant time, effort, and financial investment for updates and maintenance.

4. Is there a garage?
No, the listing specifies there is no garage. This is a factor for vehicle storage and workshop space, though the lot size provides ample room to build one.

5. How should the assessment value be viewed?
The municipal assessment is a snapshot for tax purposes and may not reflect current market value, especially for a unique property like this. Its value will be determined by what buyers are willing to pay for its rare lot size and character, not strictly by its assessed value.