Property Summary: 280 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on a large, mature lot in the sought-after Varsity View neighborhood. Built in 1974, its key features include a fully finished basement, an attached garage, and a generous land size of nearly 6,800 sqft—a notable amount of private outdoor space for the area. The home’s appeal lies in its location within a prime academic and family-oriented community, combined with the practicality of a main-floor living layout. The data suggests a property that balances space and value, ranking highly city-wide for its lot size and above average for its age within the local context.
It would suit a first-time buyer or downsizer looking for a manageable, single-level footprint in a stable neighborhood, or an investor/renovator who sees potential in the solid lot size and the character of an older home. A thoughtful perspective is that while the living space is modest, the significant lot offers room for expansion, gardening, or outdoor living—a valuable asset in a mature community where large plots are increasingly rare. Its above-average city-wide rankings for lot size and age indicate a property that stands out more for its land and established setting than for its interior square footage.
Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for specific metrics like size, age, and assessed value. They are a relative gauge of how it stacks up in each category, showing, for example, that its lot size is a top-tier feature city-wide.
2. Is the basement included in the 1,092 sqft living area?
No, the listed living area typically refers to above-grade, finished space. The basement is noted as finished but is additional square footage, offering extra living or storage rooms.
3. What are the implications of a 1974 build year?
Homes from this era may have original components, like windows, roofing, or electrical systems, that could be nearing the end of their service life. A pre-purchase inspection is highly recommended to understand the condition and any upcoming maintenance.
4. How does the assessed value relate to the likely selling price?
The municipal assessment of $369,000 is for tax purposes and is not a direct indicator of market value. The selling price will be determined by current market conditions, the home’s specific state, and buyer demand.
5. What is the neighborhood character of Varsity View?
Varsity View is a mature, quiet neighborhood known for its proximity to the University of Manitoba, strong schools, and a mix of academic families, professionals, and long-term residents. It offers a suburban feel with convenient access to amenities and transit.