62 Royalgate Road

Property Overview & Key Characteristics

This 1974-built, one-storey home sits on a large, 6,376 sqft lot in Vialoux. Its key appeal lies in a combination of generous outdoor space and a practical, single-level layout. The 1,359 sqft living area includes a finished basement, providing flexible space, and is complemented by an attached garage. The data suggests a property that balances established neighborhood character with above-average lot size and condition for its age. It ranks notably newer than most on its street and holds a higher assessed value than the majority of comparable homes across Winnipeg.

Its appeal is grounded in practicality and space. It would suit buyers looking for a manageable single-storey layout, possibly downsizers or those seeking minimal stairs, who still desire a substantial yard. It also fits first-time buyers or young families prioritizing lot size and finished living space over a newer build. A less obvious perspective is its potential for customization; the large lot and solid foundational rankings offer a canvas for gardens, outdoor living, or future expansions where permitted.

Frequently Asked Questions

1. How does the age of the home (52 years) impact its condition and potential costs?
While the home ranks as newer than 97% of houses on its street, a 1974 build will likely have had major systems updated. A thorough inspection is crucial to assess the roof, windows, plumbing, and electrical, and to budget for ongoing maintenance or updates typical of homes from this era.

2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, quality, or whether it includes legal egress. It's important to clarify if it’s a casual rec room or includes proper bedrooms, and to check for moisture issues common in older basements.

3. The lot is large, but how is it oriented and shaped?
A 6,376 sqft lot is a significant asset. Understanding its orientation (for sun exposure), topography, and whether it's level or has mature trees will help assess its utility for gardening, play, or entertaining.

4. The community ranking shows it surpasses only 25% of homes in Vialoux. What does this mean?
This specific metric suggests that, within the immediate Vialoux community, this home's combined attributes (like size, value, and age) are less dominant compared to its standing on its own street or city-wide. It indicates the immediate neighborhood may contain larger or newer homes, providing context for the streetscape and potential future comparables.

5. Why is there a notable difference between its city-wide value ranking (top 23%) and its community value ranking (top 48%)?
The assessment ranks higher across Winnipeg than within Vialoux, suggesting you may get more property value relative to the broader market here than within the immediate community. This can indicate a value opportunity in the area or reflect different assessment benchmarks between neighborhoods.