Property Summary
Key Characteristics & Appeal
This 1,045 sqft home, built in 1977, presents a compelling value proposition rooted in its immediate location. Its primary strength is its standout position on Princeton Boulevard, where it ranks in the top 7% for both size and assessed value compared to its street neighbors. This suggests a well-maintained or favorably configured property on a street of consistent, slightly smaller homes. The appeal lies in acquiring a home that is above-average for its specific block, offering more space than most on the street, while carrying a citywide assessed value that is notably below the Winnipeg average. This creates a potential "sweet spot" for value-conscious buyers.
It would suit a first-time buyer or downsizer seeking a established, character home in the Varsity View area without a premium citywide price tag. It’s also a practical choice for those who prioritize a strong relative position on their own street—a marker of stability and pride of ownership—over chasing trends in newer subdivisions. A thoughtful perspective is that its older construction year (1977) is actually an elite feature on its street, indicating it may be among the most original or well-preserved homes in that specific row, appealing to those who appreciate mature homes.
Frequently Asked Questions
Q: How can the assessed value be both above average on the street and below average for the city?
A: This is the key dynamic of this property. It’s valued higher than its immediate neighbors on Princeton Blvd, but the entire street and Varsity View area have assessed values significantly lower than the Winnipeg average. You're getting a top-tier home for its block, priced within a more affordable neighborhood context.
Q: What does the "Elite" ranking for the 1977 build year mean?
A: On Princeton Boulevard, this home is one of the newest among comparable properties. This suggests the street is comprised of very similar-era homes, and this one may have been built later in the street's development cycle or has records indicating a newer effective age.
Q: Is the living space considered large?
A: It is larger than most homes on its street and in Varsity View, but is just around the average size for a comparable home across Winnipeg. You are getting above-average space for the neighborhood, which is a functional advantage.
Q: Who determines these rankings and averages?
A: The rankings are generated by algorithmically comparing this property's public data (year built, living area, assessed value) against all other similar residential properties in the defined geographic scope (street, neighborhood, city).
Q: Where can I see how this property compares visually to its neighbors?
A: You can use the provided link to open a detailed neighbourhood analysis map, which displays nearby houses for a visual comparison of year built, size, and value.