Property Overview
This 1999-built, one-storey home in Varsity View offers a practical and comfortable living space on a large, 6,309 sqft lot. Its key appeal lies in a combination of space, location, and modern readiness. The 1,581 sqft layout includes a finished basement and an attached garage, providing ample room for a growing family or those who value single-level living with extra storage or recreational space. Its standout characteristic is its strong value positioning within Winnipeg; it ranks in the top 25% of the city for lot size and in the top 12% for assessed value, suggesting a well-regarded property relative to its price point. The home suits buyers looking for a move-in ready property in a mature neighbourhood, particularly those prioritizing a generous yard over a massive interior footprint. It would also appeal to data-conscious purchasers who appreciate its above-average rankings for age and value within the broader market, indicating a sound investment in a desirable area.
Frequently Asked Questions
1. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, being newer than 79% of Winnipeg homes means it's a relatively modern build, while ranking in the top 12% for assessed value suggests its official valuation is high compared to most city properties, often reflecting desirability.
2. Is the basement included in the 1,581 sqft living area?
Typically, "living area" refers to above-grade, finished space. The 1,581 sqft is likely the main floor footprint. The separate mention of a "finished basement" indicates additional, habitable space that adds to the home's total usable area.
3. The lot is large, but how is the home's size relative to the neighbourhood?
While the lot is very spacious, the living area is smaller than 72% of homes in Varsity View. This creates a appealing balance for buyers who value expansive outdoor space and a manageable, efficient interior without excessive upkeep.
4. What is the significance of the "ONE STOREY" building type?
This confirms it's a bungalow-style home. This is ideal for those seeking single-level living or planning for long-term accessibility, and it often means the finished basement provides significant additional living space, effectively doubling the home's functional rooms.
5. How does the assessed value relate to the likely listing price?
The assessed value of $549,000 is for municipal tax purposes. The listing price will be set by the seller based on current market conditions, but a high assessment relative to the city (top 12%) generally indicates a strong underlying value that supports a competitive market price.