This well-situated Varsity View home presents a compelling opportunity for buyers seeking a modern, low-maintenance property in a desirable neighbourhood. Built in 2004, this one-storey bungalow offers 1,518 sqft of living space on a spacious 5,998 sqft lot, complete with a finished basement and an attached garage. Its appeal lies in a combination of relative newness and established community. While not the largest home on its street, it ranks highly for its lot size, modern age, and assessed value within its immediate area, suggesting a solid and well-regarded property. It would particularly suit downsizers, first-time buyers looking for a move-in-ready home without the concerns of an older build, or professionals valuing the convenience of a single-level layout and the vibrant local amenities near the University of Manitoba.
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What is the significance of the provided rankings?
The rankings contextualize this home against its immediate neighbours and the wider city. Notably, it scores very well for its "newness" (top 10% in the community) and assessed value, but is more average in terms of living space. This suggests you are paying for a modern, well-regarded structure on a good-sized lot, rather than maximum square footage.
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Is the finished basement included in the listed living area?
Typically, the listed living area (1,518 sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional space for recreation, guests, or storage.
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What are the less obvious benefits of a 2004 build?
A home from this era often benefits from modern building codes and materials, potentially offering better energy efficiency and wiring for technology than older homes, while likely avoiding some of the experimental materials or styles of earlier decades. It strikes a balance between being established and contemporary.
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Who might this property not suit as well?
Buyers seeking a large, two-storey family home with extensive room-to-grow may find the living space and single-level layout limiting. The rankings indicate there are larger homes in the broader community.
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How should I interpret the lot size and ranking?
At nearly 6,000 sqft, the lot is a significant asset, offering ample outdoor space for gardening, play, or entertaining. Its high ranking on the street for lot size indicates it is a standout feature compared to direct neighbours, adding to privacy and potential.