Property Overview
This home at 205 Bloomer Crescent in Varsity View presents a compelling mix of space, modernity, and location. Its key appeal lies in its generous, above-average lot size of nearly 10,000 sqft—one of the largest on the street—paired with a relatively modern 2004 build. While the living space (1,535 sqft) is slightly below the immediate street average, it is comfortably above the averages for both the wider community and the entire city of Winnipeg. The property’s tax assessment value is notably high compared to its surroundings, ranking within the top 7% city-wide, which often reflects perceived value and desirability.
This property would suit buyers who prioritize outdoor space and a newer build in a well-regarded neighborhood. It’s ideal for someone looking for a substantial yard for gardening, recreation, or future expansion, without sacrificing the benefits of a contemporary home that likely requires less immediate upkeep than older stock in the area. It may also appeal to value-conscious buyers who understand that a higher assessment, while influencing property taxes, can signal a strong investment in a prime community.
Frequently Asked Questions
1. The living space is ranked below the street average. Does that mean the house is small?
Not necessarily. While it's true the home has less living space than the specific average for Bloomer Crescent, it's important to note that the street average is unusually high (1,775 sqft). This home's square footage is actually larger than the typical home in both the Varsity View community and Winnipeg as a whole, offering a comfortable size for most families.
2. Why is the tax assessment value so high relative to the area?
A high assessment ranking, especially one in the top 7% city-wide, typically indicates that the municipality attributes significant value to the property. This can be due to a combination of its large lot, modern build year, desirable location in Varsity View, and the overall quality/condition of the home. It's a marker of a premium property within its market.
3. What are the practical benefits of a 2004 build?
A home built in 2004 generally means more modern construction standards, wiring capable of handling current electrical loads, newer plumbing, and potentially better energy efficiency than much of the older housing stock in the neighborhood. It may also mean fewer major system replacements (like roof, furnace) are imminent compared to a decades-older home.
4. The lot is large, but what does that mean for me beyond just size?
A large lot (9,811 sqft) offers significant flexibility. Beyond space for play or gardens, it provides greater privacy from neighbors, room for additions like a deck, garage, or sunroom, and potential for landscaping features. It also often represents a long-term value hold, as land is a finite resource in established neighborhoods.
5. How should I interpret the different rankings for street, community, and city?
These layered rankings provide valuable context. For example, the lot size is "exceptional" on its street but "above average" in the community, showing Bloomer Crescent itself has large lots. This tells you that you're getting a top-tier property on a street of desirable, spacious homes, all within a sought-after community that itself ranks well city-wide. It confirms the property's strength at multiple levels.