Property Overview
This 1965-built, one-storey home in Varsity View offers a practical and low-maintenance living option on a generous 5,380 sqft lot. Its key appeal lies in its simplicity and established neighbourhood setting. The 905 sqft main floor living space is complemented by a finished basement, providing valuable additional room. With an attached garage and no pool, the property is geared towards straightforward, year-round living. Its assessed value positions it as a mid-range option within the broader Winnipeg market.
This home would suit first-time buyers seeking an entry point into a mature community, or downsizers looking for a manageable single-level layout without the upkeep of a large yard. Its average rankings for size, age, and value within its immediate area suggest it’s a typical, no-frills property for the street, rather than a standout. A thoughtful perspective is that homes of this era often feature solid construction and larger lot sizes than newer builds, offering potential for future expansion or garden space that is harder to find today.
Frequently Asked Questions
Q: What does the ranking data actually mean?
A: The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being newer than only 38% of houses on its street indicates it is one of the older homes in that immediate area, which is typical for a 1965 build.
Q: Is the finished basement included in the 905 sqft living area?
A: No. The 905 sqft refers to the above-ground, main floor living space. The finished basement is additional square footage, increasing the home's usable space but not reflected in that official figure.
Q: What are the implications of it being a "ONE STOREY" building type?
A: This confirms it is a bungalow-style home. All primary living spaces (bedrooms, kitchen, living room) are on one level, which is a key feature for accessibility or for those wanting to avoid stairs.
Q: How should I interpret the assessed value in relation to the selling price?
A: The assessed value ($341,000) is for municipal tax purposes and is not a direct market valuation. It can be a general benchmark, but the final sale price will be determined by current market conditions, the home's specific state, and buyer demand.
Q: The lot is large, but the house is relatively small. What does this mean?
A: This is a common scenario in older neighbourhoods. It offers a balance of manageable indoor living space with ample outdoor room for gardening, recreation, or future additions like a deck or shed, which can be a significant long-term advantage.