Property Overview: 210 Alcrest Drive, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-family bungalow on a large, mature lot in the sought-after Varsity View neighborhood. Built in 1991, the home offers 1,144 sqft of living space with the practical convenience of a finished basement and an attached garage. Its standout feature is the substantial 6,948 sqft lot, which provides ample outdoor space—a relative rarity in the city—for gardening, recreation, or future expansion.
The appeal lies in its balance of space, location, and value. The property ranks highly city-wide for its lot size and assessed value, indicating a solid investment in a desirable area. It suits first-time buyers or downsizers looking for a manageable, single-level layout in a mature community, as well as value-conscious buyers who prioritize land size over a larger interior footprint. A thoughtful perspective is that the home’s age (35 years) presents both character and an opportunity; while systems may require updating, the well-sized lot in a stable neighborhood offers long-term potential that newer, denser subdivisions often lack.
Frequently Asked Questions
1. What is the neighborhood like?
Varsity View is a mature, family-friendly community near the University of Manitoba, offering a mix of established homes, parks, and convenient access to amenities and major routes.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. How does the property’s ranking work?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg for metrics like lot size and age. For example, ranking in the top 17% city-wide for lot size highlights the property’s standout outdoor space.
4. What might the 35-year age of the home imply?
While the structure is settled and the neighborhood mature, key components like the roof, windows, and major mechanical systems (furnace, water heater) may be nearing or due for replacement, which should be factored into budgeting.
5. Why is the lot size a significant advantage?
Beyond private outdoor space, a large lot in an established area provides flexibility for hobbies, landscaping, adding a deck or shed, and may offer better long-term value appreciation compared to homes on smaller, standard lots.