Property Summary: 230 Alcrest Drive, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a substantial, well-established family home on an exceptionally large, private lot in the desirable Varsity View neighbourhood. Built in 1978, the two-storey home offers over 2,000 sqft of living space, a finished basement, an attached garage, and a rare feature for the area: a private swimming pool. Its standout characteristic is the land itself—at over 14,000 sqft, the property provides a level of space and seclusion uncommon within the city.
The appeal lies in its proven, top-tier ranking within its community. The home consistently places in the top percentiles for lot size, living area, and assessed value, not just on its street but across the wider Winnipeg area. This indicates a property that is both a comfortable family retreat and a sound long-term investment in a stable, sought-after location.
It would best suit buyers looking for a "forever home" with room to grow, garden, and entertain. It’s ideal for a family that values indoor-outdoor living and privacy more than a brand-new build, and who appreciates the mature character and established prestige of the Varsity View community. The pool adds a unique recreational dimension but also implies a buyer ready for its maintenance and safety responsibilities.
Frequently Asked Questions
1. What is the true value of the high rankings shown?
The rankings are a powerful, data-driven indicator of the property's relative standing. Placing in the top 2-10% of Winnipeg for key metrics like lot size and living area confirms this is a genuinely premium offering, not just a well-marketed one. It suggests strong underlying value and desirability.
2. Is a 48-year-old home a concern?
While the systems and structure of a 1978 home will require diligent inspection, its age is balanced by its clear maintenance and significant updates (like the finished basement). The rankings show it competes effectively with much newer homes, indicating it has been cared for and retains excellent value.
3. Who would the pool suit, and what should I consider?
The pool is a major lifestyle asset for summer enjoyment and entertaining. It suits active families or those who love to host. Buyers should realistically budget for seasonal opening/closing, ongoing maintenance, increased insurance, and safety measures (especially with young children).
4. What does the large lot size practically offer?
Beyond privacy, the 14,439 sqft lot provides immense flexibility. It allows for potential future additions (like a workshop or expanded deck), extensive gardening, spacious outdoor play areas, and ample distance from neighbours—a rarity in mature neighbourhoods.
5. How does the assessed value relate to the likely selling price?
The municipal assessment ($550,000) is a snapshot for tax purposes and often lags behind the current market. Given the home's superior rankings for both value and physical attributes in its area, it is positioned as a premium property, and the selling price would be expected to reflect its market-driven desirability.