Property Overview
This 1972-built, one-storey home in Varsity View offers a practical layout on a large, 6,454 sqft lot. Its key appeal lies in its combination of space, location, and move-in-ready condition. The 1,080 sqft living area features a finished basement, providing flexible space for a growing family, a home office, or recreation. With a detached garage and a lot size that ranks well above average for the street and city, it presents notable outdoor potential. The home’s overall assessed value ranks competitively, suggesting a solid foundation for its price point.
It would suit first-time buyers or downsizers seeking single-level living without sacrificing yard space, or investors attracted by its desirable university-area location and solid fundamentals. A thoughtful perspective is that while the home is over 50 years old, its rankings for lot size and value outpace its age ranking, indicating the land and location are significant drivers of its worth.
Frequently Asked Questions
1. How does the finished basement add to the living space?
The finished basement effectively expands the usable square footage beyond the main floor's 1,080 sqft, offering versatile space for family, guests, or hobbies without the need for immediate renovation.
2. What are the implications of the lot size rankings?
The property's lot size ranks in the top 23% across Winnipeg, meaning its outdoor space is a standout feature for the city, offering more privacy and potential than typical parcels.
3. Is the home’s age a concern?
Built in 1972, the home is mature but not among the oldest in its area (ranking near the middle for age in its community). Its stronger rankings in value and lot size suggest these attributes may offset typical age-related considerations for buyers.
4. What does the "split" or detached garage mean for parking?
A detached garage provides secure parking and additional storage but may require crossing a portion of the yard to access the house, a factor to consider during winter months.
5. How should I interpret the various ranking percentages?
The rankings compare this property to others on its street, in Varsity View, and across Winnipeg. For example, ranking "in the top 23%" for lot size in Winnipeg is a significant advantage, while more moderate rankings in living area size suggest a comfortable but not oversized interior footprint for the neighborhood.