This 1972 bi-level home in Varsity View presents a practical opportunity in a well-established neighborhood. Its appeal lies in a combination of a generous, mature lot and a functional layout that has been maintained over time. The home features a finished basement, adding valuable living space to its 988 square foot main footprint. While it does not have a garage or pool, the large 5,383 sqft property offers significant outdoor potential. The assessed value positions it as an accessible entry point into the area.
It would suit first-time buyers or downsizers looking for a manageable home with room to grow outdoors, or investors seeking a property with solid fundamentals in a central location. The rankings provided suggest it is a home of average size and value for Winnipeg, but sits on a newer-than-average lot for its immediate street, hinting at a potentially well-situated parcel in the context of the block.
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What is the practical meaning of the "rankings" provided?
They are relative comparisons. For example, being newer than 70% of homes on its street indicates the lot is among the younger third on the block, which can be positive. However, the home's size and assessed value rank in the lower half locally, confirming it as a more modest property within a desirable area.
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What are the implications of a bi-level design?
Bi-levels typically feature split entryways and defined separation between living and sleeping areas. This can offer good privacy and efficient use of space, but may involve more stairs than a bungalow. The finished basement here effectively adds a second living zone.
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How might the large lot be both an advantage and a consideration?
The lot is a major asset for gardening, play, or future expansion like a shed or deck. Buyers should also consider the associated maintenance—lawn care, tree management—and whether the property's value is primarily in the land.
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The home has no garage. How is parking handled?
This is a key point to clarify. The listing shows no garage, so parking would be via driveway or on-street. Prospective buyers should verify the driveway capacity and local street parking regulations, especially in a mature neighborhood.
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Given its age, what should be the focus for a pre-purchase inspection?
Beyond standard systems, a 52-year-old home warrants specific attention to the foundation, original plumbing and electrical updates, roof age, and evidence of proper drainage around the home, given the large lot. The condition of the basement finish, including moisture control, is also crucial.