Property Overview & Key Characteristics
This is a well-maintained, single-storey home built in 2003, situated on a generous lot in Varsity View. Its primary appeal lies in its modern age relative to the neighbourhood, offering a move-in-ready property without the concerns of an older home. The house features a finished basement and an attached garage, providing practical living space and storage.
The home suits first-time buyers or downsizers looking for a manageable, single-level layout in a central area. Its strong rankings for lot size and building age within the local area suggest it offers a good balance of outdoor space and contemporary construction. A thoughtful perspective is that while the living area is modest, the large lot presents a valuable opportunity for future expansion or landscaping, a potential not always available with newer homes. It represents a practical choice for those prioritizing a low-maintenance lifestyle without compromising on lot size.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being newer than 95% of homes on its street highlights its modern build in an established area, while its lot size ranking indicates a larger-than-average yard for the community.
2. Is the finished basement included in the listed living area?
No, the 1,171 sqft living area refers to the above-ground space. The finished basement provides additional, flexible living space not reflected in that square footage.
3. How does the assessment value relate to the asking price?
The municipal assessment of $469,000 is for tax purposes and provides a benchmark. The market-based asking price will consider current market conditions, recent sales, and the home's specific features, which may differ from the assessed value.
4. What are the advantages of a one-storey home in this location?
The single-level layout is ideal for accessibility and easy living, which is appealing for a wide range of buyers. In a central neighbourhood like Varsity View, this style of home offers convenience without the stairs commonly found in older character homes.
5. The home ranks lower for living area size. What are the trade-offs?
The interior living space is compact compared to the neighbourhood average. However, this is balanced by a significantly larger lot, a newer building, and a finished basement. It's a property that trades interior square footage for outdoor potential and modern systems.