Property Overview & Key Characteristics
This 1974-built, one-storey home in Varsity View offers a practical and spacious layout on a large, 6,628 sqft lot. Its key appeal lies in its well-established neighbourhood setting and its strong relative value within the wider Winnipeg market. The 1,431 sqft living space features a finished basement and an attached garage, providing functional family living. The property ranks consistently above average, particularly for its lot size and assessed value, outperforming roughly 80% of homes in Winnipeg on those metrics. Its appeal is grounded in space, established community roots, and a price point that is competitive for what it offers.
This home would suit a buyer looking for a move-in ready, single-level living option in a mature neighbourhood, possibly downsizers or young families seeking stability and room to grow outdoors. It also represents a sound opportunity for value-conscious buyers who prioritize lot size and finished space over a newer build, appreciating the character and tree-lined streets of an older community.
Frequently Asked Questions
1. What is the significance of the property's rankings?
The rankings show how this home compares to others on its street, in Varsity View, and across all of Winnipeg for specific metrics. For example, its lot size and assessed value are in the top 20-25% citywide, indicating these are strong relative advantages.
2. Is the finished basement included in the 1,431 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional space, adding to the home's usable footprint.
3. What are the potential considerations with a home built in 1974?
While the home is well-maintained, buyers should be mindful of the age of major systems like roofing, plumbing, and electrical, which may be original or nearing their typical lifespan. A thorough inspection is advised.
4. The lot is large, but what is the outdoor space like?
A lot of this size in an established area offers excellent potential for gardening, recreation, or expansion. It's worth considering the current landscaping, tree maturity, and how the yard is configured for privacy and use.
5. How does the assessed value relate to the likely selling price?
The assessed value ($458,000) is for municipal tax purposes. The selling price is determined by the market and can be higher or lower, but this assessment suggests a strong foundational value compared to similar properties.