Property Overview
This distinctive one-and-three-quarter storey home in Varsity View offers a rare combination of mature charm and generous outdoor space. Its primary appeal lies in its expansive, 14,172 sqft lot—a true standout that places it in the top 2% of all properties in Winnipeg for land size. This private, park-like setting is complemented by a finished basement and a swimming pool, creating a ready-made retreat. The home itself, built in 1947, provides 1,252 sqft of living space.
It would perfectly suit a buyer who values space, privacy, and established neighborhoods over a brand-new build. It’s ideal for someone looking for a project where the core assets—the huge lot and pool—are already in place, allowing for future updates to the interior at their own pace. This isn't the newest home on the block, but it offers something much harder to find: room to breathe and grow in a central, sought-after location.
Key Questions for Consideration
1. What does the "finished basement" include, and what is its ceiling height?
Given the home's age and style, it's important to clarify the nature of the basement finish. Is it a full rec room, or simpler accommodations? Ceiling height in older basements can also be a factor for livability and future renovation plans.
2. What is the condition and age of the swimming pool and its equipment?
A pool is a major feature that requires maintenance. Understanding its age, the type (liner, concrete, fiberglass), and the state of the filtration system, heater, and decking will help assess potential ongoing costs or needed investments.
3. Are there any heritage or character elements preserved inside?
Homes from this era often have original hardwood, trim, or built-ins. Knowing what original features remain can help buyers appreciate the home's character and plan any renovations sympathetically.
4. How does the property's assessment compare to the asking price?
The assessment value is noted at $423,000. Discussing how the current asking price relates to this figure, and to recent sales of similar large-lot properties in the area, provides crucial context for the market value.
5. What is the zoning, and are there any protective covenants on the land?
With such a large lot, understanding the zoning (e.g., whether it allows for secondary suites, additions, or subdivision) is key. It's also wise to check for any restrictive covenants that might dictate the type or placement of future structures, preserving the unique feel of the property.