Property Summary: 3403 Grant Avenue, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a modest, single-storey home built in 1975, situated on a good-sized lot in the established Varsity View neighbourhood. Its key features include a fully finished basement and approximately 950 sqft of living space. The home presents a straightforward, low-maintenance layout without a garage or pool.
Its primary appeal lies in its location and value proposition within a mature, central community. The lot size is a notable asset, offering potential for outdoor enjoyment or future expansion. The fully finished basement effectively doubles the usable space, a significant advantage for the home's footprint. This property would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into a well-regarded neighbourhood without a premium price tag. It’s a home for those who value location and land over turn-key finishes, and who see potential in a solid, uncomplicated structure.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, centrally-located community near the University of Manitoba. It offers a blend of quiet, tree-lined streets with the convenience of nearby amenities and transit.
2. Is there potential to add a garage or expand the home?
The lot size of 3,579 sqft provides a good canvas for potential additions, such as a garage or main floor extension. Any plans would, of course, be subject to municipal zoning and permitting.
3. What does the "fully finished basement" include?
The listing confirms the basement is finished, meaning it has been developed into livable space (likely including rooms, flooring, and proper ceilings). Specifics on layout, ceiling height, and egress windows should be verified during a viewing.
4. How do the ranking percentages work?
The rankings compare this property against others in its immediate street, community, and all of Winnipeg. For example, its land area ranks highly (top 15% on its street), while its assessed value is more modest (top 86% in Winnipeg, meaning 86% of homes have a higher assessed value). This highlights its position as a property where the land may be a more significant portion of its value.
5. What are the typical maintenance considerations for a home of this age?
Built in 1975, prospective buyers should pay particular attention to the condition of major systems that may be near or past their typical lifespan, such as the roof, windows, plumbing, and electrical. A thorough home inspection is strongly recommended.