Property Overview
This 1990-built two-storey home in Varsity View offers a blend of established neighborhood character and above-average modern space. Its key appeal lies in its generous 7,500 sqft lot and a finished basement, providing ample room for both indoor living and outdoor enjoyment. The home ranks highly within Winnipeg for its lot size, living area (1,815 sqft), and assessed value, indicating it is a substantial property relative to the broader market. It particularly suits buyers looking for a family home in a mature, academic-adjacent community who prioritize space over a brand-new build. A thoughtful perspective is that while the home is 36 years old, its construction date is newer than most in its immediate area, potentially offering more contemporary layouts and systems than older neighboring homes, yet still with the established trees and character of the neighborhood.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being newer than 89% of homes on its street suggests well-maintained, modernized homes are the norm there, which is positive for value.
2. Is the finished basement included in the 1,815 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional bonus area not reflected in that primary square footage figure.
3. What is the neighborhood vibe of Varsity View?
As the name implies, it's near the University of Manitoba, attracting a mix of academics, students, and families. It offers a quiet, established setting with convenient access to amenities and transit.
4. How might the age of the home (1990) affect maintenance?
Homes from this era often have updated building materials and standards compared to mid-century builds, but key components like the roof, windows, and major mechanical systems may be nearing or due for proactive assessment and updates.
5. Why is the lot size a significant feature?
At 7,500 sqft, the lot is larger than average for Winnipeg. This provides valuable outdoor space for gardening, recreation, or future additions like a deck or shed, and is a key driver of the property's assessed value.