Property Overview & Appeal
This 1972-built, one-storey home in Varsity View offers a practical and settled living proposition. Its key characteristic is a well-maintained, single-level layout with 1,293 sqft of living space and a finished basement, sitting on a larger-than-average 5,104 sqft lot. The appeal lies in its quiet, established neighbourhood and the manageable scale of a bungalow, which eliminates stairs and often simplifies maintenance. It ranks highly within its immediate area for lot size and living space, suggesting a solid footprint relative to its neighbours.
The property would suit first-time buyers seeking a move-in-ready home without major projects, or downsizers looking for a single-level floorplan and a low-maintenance yard. A thoughtful perspective is that while it lacks a garage, the very large lot presents a clear opportunity for adding one or a substantial workshop, which is a valuable future upgrade not always available in mature neighbourhoods. Its average rankings for value and condition indicate a home that is comfortably in the middle of the market—neither a fixer-upper nor a standout renovation, but a dependable and straightforward option.
Frequently Asked Questions
1. What does the ranking data actually mean?
The percentages show how this property compares to others in the area. For example, its lot size ranks in the top 10% on its street, meaning it's larger than most nearby homes. Conversely, its assessed value ranks lower, suggesting it may be priced more accessibly than many neighbours.
2. Is the finished basement included in the 1,293 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The finished basement is an additional bonus space, adding functional rooms without increasing the official living area size.
3. What are the implications of a 54-year-old home?
Homes of this age are often built with sturdy materials and have settled into their lots. Buyers should prioritize a thorough inspection focusing on major aging components like the roof, windows, plumbing, and electrical systems, which may be original or nearing their lifespan.
4. How big is the lot, really?
At over 5,000 sqft, the lot is a significant feature. To visualize, it's roughly equivalent to four to five standard city lots in newer suburbs. This provides ample private outdoor space, garden potential, and room for expansions like a deck or garage.
5. Why is there no garage, and what are the parking options?
Many older Winnipeg neighbourhoods were built without garages. Parking will be via driveway and/or street parking. The large lot size means adding a garage in the future is a feasible and valuable project, subject to local zoning bylaws.