This is a well-established, single-storey home in the Varsity View neighbourhood, built in 1971. Its primary appeal lies in its generous proportions and mature setting. The 1,440 sqft living area is notably spacious for its style, ranking in the top 15% of homes on its street. It sits on a large, 6,459 sqft lot, offering ample outdoor space—a relative rarity in many urban areas. The home includes a finished basement and an attached garage.
Its value proposition is clear: it’s a move-in ready property with room to grow, positioned in a stable community. The appeal is for practical buyers seeking space and solidity over modern flash. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing square footage, or investors attracted by its above-average assessed value ranking within Winnipeg. A thoughtful perspective is that while the home is 55 years old, this often translates to mature landscaping, established community character, and a known quantity in terms of neighbourhood evolution, which can be preferable to the uncertainties of newer developments.
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What does the "finished basement" entail?
The listing confirms the basement is finished, adding valuable living space. Prospective buyers should inquire about the finish quality, ceiling height, and whether it includes a separate entrance or bathroom to fully understand its utility and value.
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How does the age of the home affect maintenance?
Built in 1971, major systems like the roof, windows, plumbing, and electrical may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the structure itself has proven durable.
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What are the advantages of a larger lot in this neighbourhood?
The lot size is a significant asset. It provides more privacy, space for gardening, play, or entertaining, and future potential for additions like a deck or shed. It also typically contributes to the property's long-term value.
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The home ranks highly for size but lower for age on its street. What does this mean?
This suggests the home is one of the larger models on the block, which is a positive. The lower "newness" ranking indicates there are newer homes nearby, which can be a mixed blessing: it may signal an evolving street, but your property likely offers more interior space compared to those newer builds.
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Is the assessed value a reliable indicator of the selling price?
The assessed value of $441,000 is for municipal tax purposes and provides a benchmark. The final sale price is determined by the current market, condition of the home, and buyer demand. However, its ranking in the top 27% of Winnipeg assessments indicates the city views it as a well-above-average property.