Property Summary: 206 Alcrest Drive, Varsity View, Winnipeg
Key Characteristics & Appeal
This 1992-built bi-level home sits on a generous 6,003 sqft lot in the established Varsity View neighbourhood. With 1,131 sqft of living space, a finished basement, and an attached garage, it offers practical, single-family living. Its appeal lies in its balance of space, location, and value. The property ranks notably well for its lot size and newer age compared to most of Winnipeg, suggesting a desirable, well-situated parcel of land in a mature area. The home itself presents a solid, move-in-ready canvas.
It would particularly suit first-time buyers or downsizers seeking a manageable home with basement flexibility, and value-conscious buyers who prioritize a large lot and established community over a brand-new build. A thoughtful perspective is that while the interior space is average for the area, the above-average lot size offers valuable outdoor potential and a relative rarity that could be a long-term asset.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows a mix: it's on a larger and newer lot than most in Winnipeg, but the house itself is average in size for its immediate street and neighbourhood. This indicates you're investing significantly in the land and location.
2. What is a bi-level layout, and what are its pros/cons?
A bi-level features two short sets of stairs upon entry, leading to the main living areas on one level and sleeping areas on another. Pros include defined separation of spaces and often generous basement ceilings. A con can be the frequent use of stairs for daily living.
3. Is the finished basement included in the listed living area?
Typically, no. The listed 1,131 sqft is usually the above-ground living space. The finished basement provides additional, flexible square footage that adds to the home's functional capacity.
4. What does the assessment value mean for the listing price?
The municipal assessment of $422,000 is for tax purposes and reflects a mass-appraisal model. The listing price is set by the seller and the market; it can be higher, lower, or similar to the assessment.
5. What is the neighbourhood character of Varsity View?
As an established area near the University of Manitoba, it typically offers a quiet, residential feel with a mix of long-term residents and academic affiliates, benefiting from mature trees and proven community infrastructure.