Property Overview & Key Characteristics
This 1984-built bi-level home at 239 McLean Street sits on a large, 5,383 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in the combination of a spacious, family-friendly yard and a practical, low-maintenance layout. The home features 852 sqft of finished living space, a fully finished basement, and an attached garage. While the interior square footage is modest, the significant lot size offers valuable outdoor space and future potential.
The property would suit first-time buyers or downsizers looking for an affordable entry into a mature, central neighbourhood. It’s also a practical choice for an investor seeking a manageable rental property. A less obvious perspective is its appeal to buyers who prioritize land value and location over a large interior, viewing the generous lot as a long-term asset for expansion, gardening, or simply enjoying more private outdoor space than is typical in newer subdivisions.
Frequently Asked Questions
1. What are the main advantages of a bi-level design?
Bi-level homes offer efficient use of space, often with a clear separation between living and sleeping areas. The finished basement adds usable square footage at a lower cost per foot than main-level additions, providing flexibility for a family room, home office, or separate suite.
2. How does the lot size compare to others in the area?
At over 5,300 sqft, this lot is significantly larger than many in Winnipeg, ranking in the top 15% within the Varsity View community. This is a standout feature, offering more privacy and yard space than newer infill properties.
3. The home was built in 1984. What should I consider?
Homes from this era may have original major systems (like roof, windows, furnace) nearing the end of their typical lifespan. A thorough inspection is advised to budget for potential updates, but this also means the home may not have the complex issues of much older character houses.
4. The living area is listed at 852 sqft. Does that include the basement?
Typically, listed "living area" refers to above-grade, finished space. This figure of 852 sqft likely represents the main and upper levels. The fully finished basement provides additional, valuable living space not reflected in that primary square footage number.
5. What does the assessment value tell me about the price?
The municipal assessment of $374,000 is a benchmark for property taxes, not a market valuation. It indicates the home is valued above average for the street and neighbourhood, but the final sale price will be determined by current market conditions, the home's specific state, and buyer demand.