Property Overview & Key Characteristics
This two-storey home in Varsity View offers a classic and practical layout on a large, mature lot. Built in 1978, its primary appeal lies in its established neighborhood setting and generous living space that ranks well above average for the area. The 1,558 sqft home features a finished basement and an attached garage, presenting a functional, move-in-ready canvas. Its strongest metrics are its above-average living area and lot size, offering more room than most comparable homes in Winnipeg. The property suits buyers looking for a solid, no-fuss family home in a quiet area, particularly those who value space over brand-new condition and appreciate the character and landscaping potential of a near-5,800 sqft lot. It’s a practical choice for someone ready to live comfortably now, with the understanding that a home of this age may require thoughtful updates over time.
Frequently Asked Questions
1. How does the age of the home affect its value?
While built in 1978, the home ranks as newer than 61% of Winnipeg houses, indicating it's in a cohort of well-established but not the oldest properties. Major systems like the roof, windows, or furnace may be at or beyond their typical lifespan, so a thorough inspection is advised to budget for potential updates.
2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, ranking "better than 81% of homes on its street for living area" means it's one of the larger homes on Lynbrook Drive, which is a significant advantage for space.
3. Is the finished basement included in the 1,558 sqft living area?
Typically, municipal living area (sqft) calculations in Winnipeg do not include below-grade space, even if finished. The 1,558 sqft likely refers to above-ground living space only, with the finished basement providing additional bonus rooms.
4. What is the neighborhood vibe of Varsity View?
As a mature neighborhood near the University of Manitoba, it typically offers a mix of long-term residents and academic families, with quiet, tree-lined streets and a stable community feel.
5. Why is the lot size a notable feature?
At 5,819 sqft, the lot is substantially larger than many in newer subdivisions. This provides excellent outdoor space for gardening, play, or entertaining, and offers future potential for additions or landscaping projects that smaller lots cannot accommodate.