Property Overview
This well-situated Varsity View bungalow offers a practical and spacious family footprint. Its key appeal lies in the combination of a large, mature lot in a desirable neighbourhood with a fully finished, move-in-ready layout. The home features 1,584 sqft of living space, a fully finished basement, and an attached garage, all on a substantial 7,865 sqft property. Built in 1997, it presents a more modern floorplan than many area homes while still benefiting from established landscaping.
Its strongest suit is space and location. The lot size ranks in the top 12% of Winnipeg, offering exceptional outdoor potential. It suits buyers looking for a single-level living bungalow with room to grow, garden, or entertain outdoors, without sacrificing proximity to universities and city amenities. The 2022 sale price suggests a stable market history. This property would particularly suit growing families seeking yard space, downsizers wanting single-level living without compromising on lot size, or long-term investors attracted to a prime location with enduring appeal.
Frequently Asked Questions
1. How does the age (1997) affect this home?
Being built in 1997 means major components like the roof, windows, and HVAC system are likely within or approaching a key maintenance or replacement window. This offers a more modern layout than older bungalows but requires a proactive inspection to budget for upcoming updates.
2. What does the ranking data actually tell me?
The rankings provide context. For instance, while the home's size is above average for Winnipeg, it's more modest within its own street. The lot size, however, is a standout feature nearly everywhere. This indicates you're buying primarily for the land and location, with a comfortable, modern home on it.
3. Is the finished basement included in the 1,584 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The fully finished basement is additional space, significantly increasing the usable footprint of the home beyond the 1,584 sqft figure.
4. The 2022 sale was higher than the current assessed value. What does that mean?
Assessed value is for municipal tax purposes and often lags behind the current market. The 2022 sale price is a more recent market data point, but a professional appraisal and current market comparison would be needed to determine today's value.
5. Who would this home NOT be ideal for?
It may not suit those seeking a brand-new, low-maintenance property, or buyers who prioritize a home with top-tier interior finishes and size within its immediate block. The value here is grounded in the land and established neighbourhood character.