Property Overview & Key Characteristics
This two-storey home in Varsity View offers a well-maintained and spacious family layout built in 1997. Its key appeal lies in its generous proportions and established neighbourhood setting. With nearly 2,000 sqft of living space on a large, approximately 5,900 sqft lot, it provides ample room both inside and out. The home includes a finished basement and an attached garage.
Its competitive strength is highlighted by strong relative rankings: it sits in the top 10-11% of Winnipeg homes for both living area and assessed value, suggesting it offers above-average space for its market segment. The home suits buyers looking for a move-in ready, spacious property without the premium of a brand-new build. It’s ideal for a growing family seeking a quiet, mature neighbourhood with good access to city amenities, or for value-conscious buyers who prioritize more square footage and land over a newer construction date.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and the wider city. For example, ranking in the "top 10%" for living area in Winnipeg means 90% of city homes are smaller. This is a quick way to gauge the home's relative size, value, and newness against the competition.
2. Is a 1997-built home considered modern or dated?
It's a transitional period. While not a contemporary build, homes from this era often feature modern room sizes and wiring, but may require updates to finishes like flooring, bathrooms, or kitchens. Its ranking as newer than 78% of Winnipeg homes suggests it's still relatively modern in the broader market context.
3. How does the finished basement factor into the living space?
The listed 1,992 sqft is typically the above-grade living area. The finished basement provides additional usable space (e.g., for recreation, office, or guests) but is not usually included in that official square footage calculation, adding to the home's functional utility.
4. What is the significance of the lot size?
At nearly 6,000 sqft, the lot is larger than average, offering more private outdoor space, landscaping potential, and a greater sense of separation from neighbours—a valuable feature in established neighbourhoods where lots can be smaller.
5. The assessment value is high relative to some rankings. Why?
The assessment reflects the city's valuation for tax purposes, influenced by size, location, and market trends. Its ranking in the top 9% by assessed value in Winnipeg, despite more moderate street-level rankings, indicates the city views it as a high-value property overall, which is useful for understanding its official standing but should be compared with current market prices.