Property Overview
This 1986-built, one-storey home in Varsity View offers a practical and spacious family layout on a large, 7,497 sqft lot. Its key appeal lies in its above-average scale and established setting. With 1,783 sqft of living space, it provides more room than most homes in Winnipeg, and the unspoiled basement presents a clear opportunity for future customization. The property suits buyers looking for a solid, single-level home with generous indoor and outdoor space, ideal for families or those planning future renovations. It’s particularly well-matched for value-conscious purchasers who prioritize square footage and lot size over modern finishes, and who see potential in a home that ranks highly for its space but is priced accessibly within its community.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, its living area is larger than 84% of Winnipeg homes, indicating exceptional interior space for the price, while its assessed value sits higher than 77% of the city, suggesting it is in a desirable valuation bracket.
2. Is the age of the home (40 years) a concern?
While the home is well-established, its systems and major components are likely at or beyond their typical lifespan. A thorough inspection is crucial, but the age also means it sits on a mature lot in a settled neighborhood, often with larger yards than newer subdivisions.
3. What are the pros and cons of an unspoiled basement?
The unfinished basement is a significant opportunity to add value and tailor the space to your needs, but it also represents an immediate additional cost and project. It allows for a custom design without the need to demolish existing work.
4. How does the lot size impact the property?
At nearly 7,500 sqft, the lot is substantially larger than average. This offers superior outdoor space for gardening, play, or expansion, and typically contributes to a less crowded neighborhood feel. It also may mean more yard maintenance.
5. Who would this home not be suitable for?
It may not suit buyers seeking a move-in-ready home with modern, open-concept layouts and finished basement space. It’s best for those comfortable with a traditional floor plan and willing to invest in updates or finishing projects over time.