349 Laxdal Road

Property Overview: 349 Laxdal Road, Varsity View, Winnipeg

This well-situated one-storey home in the established Varsity View neighbourhood presents a practical opportunity with notable land value. Built in 1974, its primary appeal lies in its generous, mature lot and its strong position within a sought-after central community. The home itself offers 1,130 sqft of living space with a finished basement and an attached garage, fitting for a downsizer, a first-time buyer looking for a solid foundation, or an investor attracted by the lot's potential. Its rankings indicate it outperforms most Winnipeg homes in lot size and sits on a street with newer-than-average homes, suggesting a well-maintained area. The appeal here is less about luxury finishes and more about securing a manageable home on a substantial piece of land in a prime location—a balance of space, location, and practicality.

Key Considerations & FAQs

1. What is the true draw of this property?
Beyond the living space, the nearly 9,000 sqft lot is a significant asset in this central neighbourhood. It offers rare outdoor space for gardening, expansion, or simply enjoying a large, private yard close to the university and major routes.

2. Who would this home suit best?
It's ideal for those prioritizing location and land over a turn-key modern interior. A buyer comfortable with some updates (given its 1974 vintage) to personalize the space will find excellent value here. It could also suit an investor considering future redevelopment of the large lot.

3. How do the "rankings" work?
The rankings compare this home to others on its street, in Varsity View, and across all Winnipeg. For example, its lot size ranks in the top 8% city-wide, meaning it's larger than 92% of Winnipeg properties—a major strength. Its assessment value ranking slightly higher than its size ranking suggests the land contributes significantly to its worth.

4. What does the age of the home mean for me?
Built in 1974, the major systems (roof, windows, furnace) are likely at or past their typical lifespan. A thorough inspection is crucial. Conversely, the ranking shows it's newer than 86% of homes on its street, indicating the surrounding houses are even more established.

5. Is the finished basement included in the 1,130 sqft living area?
Typically, the main living area (1,130 sqft) and the finished basement are listed separately. The listing confirms a finished basement exists, providing additional flexible space, but its square footage is not added to the official main floor area.