Property Overview & Key Characteristics
This 1969-built, one-storey home in Varsity View offers a practical layout with 1,523 sqft of living space on a notably large 6,670 sqft lot, providing ample outdoor potential. Its key appeal lies in this generous land size, which is rare for the area and ranks highly compared to most Winnipeg properties. The home features a finished basement and a detached garage. Market data suggests its assessed value and living space are competitive, ranking above average for the city. However, its age is a factor, placing it among the older homes in its immediate neighborhood.
This property would suit a buyer looking for a solid, no-frills home with exceptional lot size, ideal for gardening, expansion, or simply enjoying private outdoor space. It’s a practical choice for those who value land over a modern build, and who are prepared for the maintenance or updates that come with a home of this vintage. The strong city-wide rankings for lot and living space indicate good underlying value for a patient owner who might see potential beyond the original 1969 finishes.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Varsity View, and across all Winnipeg. For example, its lot size is in the top 20% city-wide, which is a significant advantage, while its build year is older than most in its immediate area.
2. Is the finished basement included in the 1,523 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional feature, adding usable space but not usually counted in the official square footage.
3. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (over 6,600 sqft) could offer long-term potential for additions, subject to zoning. It also likely means higher maintenance but also greater autonomy for landscaping or outdoor projects.
4. How should I interpret the "older" build year ranking?
While the home is well-maintained, its 1969 construction places it in the older third of homes on its street. This suggests the neighborhood has a mix of original and newer homes, and buyers should budget for age-related updates to systems like plumbing, electrical, or windows.
5. The assessment value ranks higher than the build year—what does that indicate?
This suggests that the assessed value reflects the home's substantial lot size and living space, which are valuable assets, helping to offset the lower valuation typically associated with an older dwelling. It points to the property's value being in the land and overall footprint.