Property Summary: 274 Princeton Boulevard
Key Characteristics & Appeal
This is a well-situated, one-storey home in Varsity View, built in 1963. Its primary appeal lies in its generous, nearly 10,000 sqft lot, which significantly outranks most properties in Winnipeg and offers substantial outdoor space and potential. The home itself features a finished basement and a split garage, providing practical living and storage solutions.
The property’s strength is its land value and established location. It suits buyers looking for a solid footprint in a mature neighbourhood, where the value is anchored by the lot size rather than the size or newness of the house. It would be ideal for someone with a long-term vision—perhaps looking to enjoy the large yard now and potentially renovate or expand the existing bungalow later. It’s a property that offers more outside than inside, appealing to those who value space and privacy over turn-key modern finishes.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all Winnipeg. For example, its land area ranks in the top 6% city-wide, meaning the lot is larger than 94% of Winnipeg properties. Conversely, its building age is older than about 59% of city homes, placing it in the more established category.
2. Is the finished basement included in the 1,067 sqft living area?
Typically, the listed "living area" refers to above-grade, heated space. The finished basement would be additional square footage, adding functional living space beyond the main floor's 1,067 sqft.
3. What are the implications of a "split" garage?
A split garage typically means a two-car garage with separate doors, often configured side-by-side. This is a common feature in homes of this era and provides more flexible access and potential storage separation compared to a single, wide door.
4. How might the lot size affect costs or plans?
While a large lot is a major asset, buyers should consider that property taxes, landscaping maintenance, and potential future costs like fencing or driveway repairs will be scaled to the larger property size.
5. The home is older—what should be prioritized in an inspection?
Given the age, a thorough inspection of core systems is essential. Key focuses should include the roof, foundation, plumbing and electrical systems (to check for updates), and the condition of the finished basement for any signs of moisture or seepage.