Property Overview: 57 Stockdale Street, Varsity View, Winnipeg
This 1974-built, single-storey home sits on a generous 6,020 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in a combination of space, location, and value. With 1,262 sqft of living space and a finished basement, it offers practical, single-level living. The property’s competitive rankings are noteworthy: it outperforms a majority of Winnipeg homes in assessed value and recent sale price, suggesting solid market recognition. Its appeal is grounded, not in luxury finishes, but in the tangible assets of a large lot and a functional layout within a sought-after academic community.
The home is particularly well-suited for first-time buyers seeking a manageable footprint without sacrificing yard space, or for downsizers looking for a stable investment in a quiet, mature area. It also presents a practical canvas for those who appreciate the character of a well-maintained older home and envision gradual, personal updates. The strong performance relative to the broader market indicates a property that holds its value, appealing to the pragmatic buyer.
Frequently Asked Questions
1. How does the home’s age affect maintenance?
Built in 1974, the home is over 50 years old. Prospective buyers should budget for and anticipate age-related upkeep, such as potential updates to roofing, windows, or major systems. A thorough inspection is essential to understand the condition of these components.
2. What are the benefits of the large lot size?
At over 6,000 sqft, the lot is a significant asset, offering ample private outdoor space for gardening, recreation, or future expansion like a deck or shed. This lot size is increasingly rare in central neighbourhoods and provides a sense of space.
3. The home ranks highly for value. What does this mean?
The data shows the home’s assessed and last sale price outperform 69-70% of all Winnipeg homes. This suggests the market consistently values this property above average, which can be a positive indicator for equity stability and resale.
4. Who might the "split garage" suit?
A split garage (often a double garage separated by a wall) offers flexibility. It can accommodate two vehicles with separation, or easily create a dedicated workshop or storage area on one side while parking on the other.
5. Is the finished basement included in the listed living area?
No. The listed living area of 1,262 sqft refers to above-grade space. The finished basement provides additional usable rooms, but this square footage is not typically counted in the official living area figure, adding functional space beyond the main footprint.