Property Overview
This 1969 one-storey home in Varsity View sits on a large, mature lot of over 8,500 sqft, offering a sense of space less common in newer developments. Its appeal lies in its solid foundation within a well-established, leafy neighbourhood, combined with a practical and move-in-ready layout featuring a finished basement. The home presents a balanced profile: its lot size ranks highly within Winnipeg, while the living space and age are comfortably above average for the city. It’s an ideal fit for first-time buyers, downsizers, or investors seeking a low-maintenance property with classic character and room to garden or expand outdoors. The strong city-wide ranking for lot size suggests a tangible, long-term asset value in the land itself, which may appeal to those looking beyond just the interior square footage.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, central neighbourhood known for its tree-lined streets, proximity to the University of Manitoba, and a mix of long-term residents and academics. It offers a quiet, community-oriented atmosphere with established local amenities.
2. Is there potential for future expansion or renovation?
The very large lot provides a significant opportunity for additions, a garden suite (subject to zoning approval), or extensive landscaping. The home's one-storey design also simplifies potential main-floor renovations.
3. How does the finished basement add value?
It effectively increases the usable living space beyond the listed 1,144 sqft, providing flexible areas for recreation, a home office, or extra bedrooms, which is a key advantage for the price point.
4. What should I know about a home from 1969?
While offering solid construction, a home of this age will have aging components. A thorough inspection is advised to assess the condition of the roof, windows, plumbing, and electrical systems to plan for future maintenance.
5. How do the provided rankings help me?
They offer quick, data-driven context. For instance, the fact that the lot size outperforms 91% of Winnipeg properties highlights a standout feature, while the more average rankings for living space help set realistic expectations for the home's interior size.