3803 Vialoux Drive

Property Overview: 3803 Vialoux Drive

Key Characteristics & Appeal

This two-storey home, built in 1978, is situated on a large, approximately 11,700 sqft lot in Winnipeg. Its primary appeal lies in offering substantial space and established value in a mature neighbourhood. With over 2,200 sqft of living space and a finished basement, the home provides ample room for a growing family or those who value separate living and entertaining areas. The attached garage and significant lot size add practical utility and potential for outdoor enjoyment or gardening.

The property’s standout feature is its strong market position relative to its surroundings. It ranks in the top tier of Winnipeg homes for lot size, living area, and assessed value, suggesting it is a well-above-average property for the city. Its 2021 sale price aligns closely with the current assessment, indicating stable value. This home would best suit buyers looking for a spacious, established property in a settled community, who prioritize interior square footage and a large yard over a brand-new build. It’s a solid choice for those seeking a home with a proven track record of value in a competitive market.

Frequently Asked Questions

1. How does the age of the home (built in 1978) factor into its value?
While not new, the home’s age is reflected in its established, mature lot and neighbourhood. The key consideration would be the condition and updates of major systems (roof, windows, HVAC) and interiors, which are typical due diligence points for any home of this vintage.

2. What do the percentile rankings (e.g., "top 4% in Winnipeg") actually mean?
These rankings compare this specific property against others in its immediate street, broader community, and all of Winnipeg. For example, being in the top 4% for lot size in Winnipeg means 96% of homes in the city sit on smaller lots. It’s a data-driven way to highlight this property’s standout characteristics.

3. Is the 2021 sale price relevant today?
It serves as a recent benchmark, showing the price the market supported just a few years ago. The fact that the current assessed value is very close suggests official valuation has remained consistent, but the current market conditions and any updates made since 2021 will determine the final listing and sale price.

4. The home ranks highly for size and value, but lower for its age. Is that a concern?
This is common for desirable, established neighbourhoods. It indicates the area has a mix of older and newer homes. The high rankings for space and value suggest that in this location, the benefits of a large lot and spacious interior significantly outweigh the fact the home itself is not new.

5. What is the significance of having a finished basement?
It immediately adds usable living space, which could be used for recreation, a home office, or additional bedrooms. This is a valuable feature that expands the home’s functional footprint without the need for a future renovation project.