Property Overview
This 1986-built, single-story home in Varsity View offers a practical and comfortable living space on a large, 5,380 sqft lot. Its key appeal lies in a combination of space, established character, and a strong position within its local market. The 1,241 sqft interior is complemented by a finished basement and a detached garage. The home’s data reveals a compelling profile: it ranks highly within its immediate area for lot size, assessed value, and relative newness compared to neighbouring properties. This suggests a well-regarded home in a mature, established setting.
It would particularly suit first-time buyers or downsizers seeking a manageable single-level layout in a quiet, family-oriented neighbourhood. The generous lot is a standout feature for those who value outdoor space for gardening, play, or future expansion. It’s a home for buyers who appreciate an established community over a brand-new build, and who see value in a property that performs well against its direct local comparables.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate area. For example, ranking in the "top 18%" for assessed value on its street means it is valued higher than 82% of its closest neighbours, which can indicate a premium location or desirable features on that specific block.
2. Is a 40-year-old home a concern?
While the major systems (roof, furnace, windows) will be at or beyond their typical lifespan and should be inspected, homes from this era often feature more generous room sizes and mature landscaping than newer builds. The updated ranking for its age suggests it is among the newer homes in the area.
3. What are the pros and cons of a detached garage?
It provides excellent storage or workshop space separate from the house. The main consideration is convenience during Winnipeg winters, as you will need to go outside to access your vehicle from the home.
4. How usable is a 5,380 sqft lot?
This is a very large city lot, offering significant potential. Beyond a standard backyard, it allows for features like a substantial garden, a spacious shed, or even future additions like a deck or patio, subject to local bylaws.
5. Why is the city-wide ranking lower than the street/community rankings?
This is common for mature neighbourhoods. It reflects that newer suburban areas often have larger, newer homes overall. The more important figures are the strong local rankings, which show this property holds a competitive edge within its own established and sought-after community.