Property Summary: 3223 Grant Avenue, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on a large, 6,551 sqft lot in the desirable Varsity View neighbourhood. Built in 1968, its key features include a fully finished basement and an attached garage. With 1,098 sqft of living space, it offers a practical layout for everyday living.
The primary appeal lies in its excellent lot size, which ranks highly compared to most homes in Winnipeg, offering significant outdoor space and potential in a central location. The home presents a solid value proposition, as its municipal assessment is notably higher than many area properties, suggesting strong underlying value for the price. It would suit first-time buyers seeking a move-in-ready home with room to grow, or downsizers looking for a manageable single-level layout without sacrificing yard space. A thoughtful perspective is that this property offers a balance of neighbourhood maturity and future potential—the large lot is a lasting asset in an area where new construction is rare, making it a prudent long-term holding in a stable community.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, family-friendly community near the University of Manitoba, known for its tree-lined streets, quiet atmosphere, and convenient access to amenities, parks, and academic institutions.
2. What does "fully finished basement" include?
While specific finishes aren't detailed, it indicates the lower level is developed into livable space, which typically adds extra rooms, a recreational area, or possibly a secondary suite (subject to local zoning verification).
3. How does the age of the home affect maintenance?
As a home from the late 1960s, buyers should budget for updates to major aging components like the roof, windows, or mechanical systems. A thorough inspection is recommended to prioritize any necessary repairs.
4. Why is the assessed value higher than many comparable listings?
A high municipal assessment relative to the area often reflects the valuable lot size and the finished condition of the home. It can indicate good municipal valuation, but the market sale price is determined by current buyer demand.
5. Is the property suitable for future expansion or renovation?
The substantial lot size provides a notable advantage for potential future expansions, such as an addition, a large deck, or garden landscaping, subject to obtaining the necessary city permits and approvals.