Property Summary: 319 McLean Street, Varsity View, Winnipeg
Section 1: Overview & Appeal
This is a well-maintained, single-storey home built in 1978 on a large, 5,380 sqft lot in the established Varsity View neighbourhood. Its key characteristics include 1,226 sqft of living space, a finished basement, and an attached garage.
The primary appeal lies in its balance of space, location, and value. The property sits on a lot size that is larger than most in its immediate area, offering valuable outdoor space in a mature community. Its competitive assessment value suggests it is a solidly positioned home within the market. The rankings provided indicate it generally outperforms a majority of comparable homes in Winnipeg for size and assessed value, while being a relatively newer build within its own street and neighbourhood.
This home would best suit practical buyers looking for a move-in ready, low-maintenance bungalow layout—ideal for downsizers, small families, or first-time buyers seeking a stable investment in a central academic community. It offers the quiet appeal of an established area without the premium price tag of a newly built home, representing a grounded opportunity for long-term living.
Section 2: Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, the wider Varsity View community, and all of Winnipeg. For example, its lot size ranks highly on its street, meaning it has more outdoor space than most neighbours, while its assessment value is strong city-wide, indicating good market positioning.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its configuration and legality with the municipality if considering rental income.
3. What are the typical property taxes for this assessment value?
With an assessed value of $394,000, prospective buyers should estimate annual property taxes to be approximately $3,500 - $4,200, though the final amount is set by the City of Winnipeg. Consulting the most recent tax notice is advised.
4. How does the 1978 build year affect the home?
A home from this era may have undergone important updates. Key systems like the roof, windows, furnace, and electrical should be inspected for their age and condition, as some may be nearing or past their typical lifespan.
5. What is the vibe of the Varsity View neighbourhood?
Varsity View is a quiet, tree-lined residential community heavily influenced by its proximity to the University of Manitoba. It offers a blend of long-term residents and academic staff/students, creating a stable yet vibrant atmosphere with convenient access to campus amenities.