Property Overview
This 1994-built, one-storey home in Varsity View offers a practical layout with 1,462 sqft of living space on a notably large, 8,875 sqft lot. Its key appeal lies in its established neighbourhood setting and strong relative rankings across several metrics. The property consistently places in the top tiers for its lot size, recent build year, and assessed value within its immediate street, the wider community, and Winnipeg overall. It features an unfinished basement and an attached garage. The combination of a newer construction date (compared to many area homes) and an above-average lot size presents a balanced proposition of a modernized structure with ample outdoor space.
Its straightforward, single-level design would suit first-time buyers looking for a manageable home in a desirable area, or downsizers seeking ease of living without compromising on yard size. The unfinished basement is a clear opportunity for a buyer to add value and customize additional living space according to their needs and budget.
Frequently Asked Questions
Q: How significant are the property's ranking percentages?
A: They indicate strong relative standing. For example, being newer than 95% of homes on its street and having a larger lot than 91% of homes in Winnipeg are notable competitive advantages in their respective categories.
Q: What does the "unfinished basement" entail for a buyer?
A: It provides a blank canvas for future expansion—such as creating a recreation room, home office, or additional bedrooms—but requires a planned investment of time and money to complete.
Q: Is the lot size typical for the area?
A: At nearly 9,000 sqft, the lot is well above average for Winnipeg and represents one of the property's most significant features, offering rare potential for gardening, expansion, or outdoor living.
Q: Who might this property not suit?
A: Buyers seeking a move-in-ready home with a fully developed lower level may find the unfinished basement a drawback. It may also be less ideal for those strictly seeking a brand-new build.
Q: What is the significance of the assessed value ranking?
A: Ranking higher than 80% of Winnipeg homes in assessed value suggests the property is viewed as a substantial asset within the municipal framework, which can be a reassuring indicator of its baseline market position.