Property Overview
This 1968 one-storey home in Varsity View offers a classic, low-maintenance layout on a large, 8,151 sqft lot. Its key appeal lies in the combination of a spacious, private yard—a rarity in the area—with a fully finished basement, providing ample functional space. The home’s living area of 1,326 sqft ranks above average for the neighborhood, offering comfortable room for daily life. It would particularly suit first-time buyers or downsizers seeking a single-level living arrangement in a well-established community, or an investor/renovator attracted by the significant lot size and the potential it holds. The property’s strong rankings for lot size and value within Winnipeg suggest a solid, competitive footing in the market.
Key Details & Questions
What are the less obvious advantages of this property?
Beyond the finished basement and large yard, the property’s lot size is a standout feature, ranking in the top 11% city-wide. This offers exceptional privacy and space for gardens, play, or future expansion. Its value assessment also ranks highly, suggesting it is a competitively priced asset in its class.
What should a buyer be mindful of?
The home’s age (58 years) means systems like plumbing, electrical, and the roof may be at or beyond their typical service life. While the basement is finished, the underlying structure and waterproofing should be carefully inspected.
How does its value compare in the area?
The assessment value ranks higher than 66% of all Winnipeg homes, indicating strong fundamental value for its offering. In its immediate neighborhood and street, it also ranks above average for both size and value.
Is the garage attached?
The listing specifies a "split garage" or "分体车库," which typically means a detached, two-car garage structure.
What is the neighborhood like?
Varsity View is a mature, central Winnipeg community known for its tree-lined streets and proximity to the University of Manitoba. The property’s rankings show it outperforms most neighborhood homes for lot size, which is a significant advantage in such an established area.