Property Overview & Key Characteristics
This 1972-built, one-storey home in Varsity View offers a practical layout with 1,077 sqft of living space on a spacious 6,088 sqft lot. Its key features include a finished basement and a detached garage. The appeal lies in its established neighborhood setting and the significant lot size, which provides ample outdoor space and potential relative to many city properties. Its overall metrics—ranking in the top third of Winnipeg for lot size and assessed value—suggest a solid, middle-market home that has been well-maintained over time.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature community. It’s also a fit for those who value a larger yard for gardening, pets, or future expansion over having a brand-new home. The rankings indicate it’s a competitively sized property within the city but is more average within its immediate community, appealing to buyers seeking value and space without the premium of a newer or fully renovated home.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the rooms or finish quality. Prospective buyers should inquire about the layout, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
2. How does the 54-year-old age of the home affect things?
While the home ranks as newer than half of Winnipeg's housing stock, its age means essential systems like roof, wiring, plumbing, and windows may be original or nearing replacement. A thorough inspection is crucial to understand upcoming maintenance.
3. The lot is large, but what is it like?
At over 6,000 sqft, the lot is a significant asset. Buyers should view the yard's condition, sun exposure, and any mature trees. Its size offers potential for additions, a garden, or outdoor living space, but may also require more upkeep.
4. The value ranks higher than size or age—what does that suggest?
The assessed value ranks in the top 33% city-wide, higher than its rankings for size or age. This often indicates factors like the desirable lot, the finished basement, overall condition, or the stability of the Varsity View neighborhood are positively influencing its valuation.
5. What is the neighborhood vibe and convenience like?
Varsity View is an established area near the University of Manitoba. Buyers should explore local amenities, traffic patterns, and the blend of student renters and long-term residents to see if it matches their lifestyle needs for convenience and community feel.