Property Summary: 263 Varsity View Drive
Key Characteristics & Appeal
This is a well-maintained, single-story home built in 1972, situated on a generous, mature lot in the established Varsity View neighbourhood. Its key features include a fully finished basement and over 1,000 square feet of living space. The appeal lies in its solid, no-fuss practicality and its location within a quiet, long-standing community near the University of Manitoba.
The home’s competitive rankings reveal its nuanced position: while its living space is modest relative to many area homes, its above-average lot size and newer construction date (for its era) offer distinct advantages. It represents a value-conscious entry into a desirable area, bypassing the premium for newer builds or extensive renovations. This property would best suit first-time buyers, downsizers seeking single-level living, or pragmatic investors looking for a stable rental property close to the university. It’s for those who prioritize location and land over a large interior footprint or modern finishes.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, residential community known for its proximity to the University of Manitoba. It offers a quiet, settled atmosphere with a mix of long-term residents and academic affiliates.
2. Is there parking or a garage?
The property listing indicates no garage. Buyers should verify on-site parking options, such as a driveway, during a viewing.
3. What does "fully finished basement" include?
The basement is developed into living space, but the specific rooms, ceiling height, and finish quality (e.g., drywall, flooring) should be inspected in person to understand its utility and condition.
4. How do the ranking percentages work?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 35% city-wide, meaning it’s larger than 65% of Winnipeg lots, which is a notable asset.
5. What are the main considerations for a home built in 1972?
While the structure has proven its durability, a pre-purchase inspection is essential to assess the condition of major aging components, such as the roof, windows, plumbing, and electrical systems, to plan for potential future updates.