Property Overview

This home at 169 St Vital Road presents a compelling mix of space, value, and established character. Its standout feature is the generous 12,622 sqft lot, which ranks in the top 1% on its street and top 3% city-wide, offering exceptional outdoor potential. With 2,106 sqft of living space, it provides ample room, significantly larger than the typical Winnipeg home and ranking in the top 8% city-wide. Built in 1975, it is notably newer than most homes on its street and in the broader Victoria Crescent area. The property’s assessed value for taxes is $615,000, which is high for St Vital Road but sits close to the average for its immediate neighborhood, suggesting it may offer relative value within a higher-value community.

Key Characteristics & Appeal

The primary appeal lies in its outstanding lot size and above-average living space within a mature, established setting. It suits buyers looking for a substantial property with room to grow, garden, or expand, without being in a brand-new subdivision. It would particularly fit:

• Value-conscious upgraders seeking more land and space than typical newer builds offer.
• Buyers who appreciate established neighborhoods with mature trees and character, where a 1975 build is considered relatively modern.
• Those who see potential in a property where the land itself is a premier asset, possibly for future enjoyment or investment.

A less obvious perspective is that while the home excels on its own street, it sits closer to average within the Victoria Crescent community context. This indicates it’s a superior property on a street of more modest homes, potentially offering a "best house on the block" advantage, while the lot size remains a top-tier asset even when compared to the entire city.

Frequently Asked Questions

1. How does the property’s value compare to its neighbors?
The home’s tax assessment is the highest on St Vital Road, but ranks near the middle (60th percentile) for the Victoria Crescent community. This suggests it is a high-value home for its immediate street, yet priced within the normal range for the wider, desirable neighborhood.

2. Is the lot size as significant as it seems?
Yes. The land is over double the average lot size on its street and nearly double the Winnipeg average, placing it in the top 3% city-wide. This is a rare and defining feature for the property, offering privacy and space uncommon in many areas.

3. What does the 1975 build year mean for maintenance?
While newer than many area homes (built 20+ years after the street and neighborhood averages), a 1975 home will likely have had several key systems, like roofing, windows, or HVAC, updated or nearing their lifespan. A thorough inspection is recommended to understand the current condition of these components.

4. The living space is above average, but how does it fit the neighborhood?
At 2,106 sqft, the home is spacious for Winnipeg overall. Within Victoria Crescent, however, it is slightly below the community average. This means you get a well-sized home that may feel more manageable than some larger estates in the area, while still offering plenty of room.

5. Are the high rankings consistent across all measures?
The property excels in lot size and living space compared to the whole city. On its own street, it ranks at the very top for lot size and value. Within the broader Victoria Crescent community, its metrics are more average, indicating it sits comfortably within a well-established, desirable area without being an outlier.