150 Bloomer Crescent

Property Overview: 150 Bloomer Crescent

Section 1: Key Characteristics & Appeal

This is a spacious, well-situated bungalow in the established Varsity View neighbourhood. Its key characteristics include a generous, near 9,500 sqft lot, a fully finished basement, and a modern build from 2002, offering a balance of newer construction on a mature property. With 1,778 sqft of living space, it ranks highly for size and value within the broader Winnipeg context.

The appeal lies in its combination of space, location, and relative modernity. It offers the single-level living ease of a bungalow, which is increasingly sought-after, on a lot size that is now rare in newer subdivisions. The property consistently ranks in the top tiers for its assessed value and past sale price compared to its neighbours and the wider city, suggesting it is perceived as a premium home in its area. It would particularly suit buyers looking for a move-in-ready family home with ample outdoor space, or those planning for long-term, accessible living without the maintenance concerns of an older home. A less obvious perspective is its strong performance as a value-holding asset within its community, as indicated by its top-tier assessment rankings, making it a considered choice for stability-minded buyers.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical newer homes?
At 9,473 sqft, the lot is significantly larger than those found in most contemporary suburban developments, offering substantial space for gardening, recreation, or future additions.

2. What does the high assessment ranking mean?
The home’s assessed value places it in the top 3% of all Winnipeg properties, indicating it is officially valued much higher than the vast majority of homes in the city, which often reflects its combination of attributes, location, and condition.

3. Is the neighbourhood primarily families or a mix?
Located in Varsity View, the area typically attracts a mix of families, professionals, and academics due to its proximity to the University of Manitoba, offering a stable, community-oriented environment.

4. What are the implications of a 2002 build year?
A home built in 2002 benefits from modern construction standards and materials, while major components like the roof, windows, and HVAC systems are likely entering a stage where their remaining service life and maintenance history become important inspection points.

5. How stable has the property's value been?
The 2016 sale price was already in the top 5% of Winnipeg at that time, and its current assessment remains in the top 3%. This consistent high ranking suggests strong, stable value retention in its market segment over time.