Property Summary: 3235 Grant Avenue, Varsity View, Winnipeg
Section 1: Overview & Appeal
This 1985 bi-level home sits on a generous 4,591 sqft lot in the established Varsity View neighbourhood. Its key characteristics include a finished basement and a split garage. With 680 sqft of living space, the home offers a compact and efficient layout.
The primary appeal lies in its location and lot size within a mature, sought-after area near the University of Manitoba. The property represents a land-value opportunity, suitable for buyers looking to enter this neighbourhood with a home that has renovation or redevelopment potential down the line. It would best suit a practical, value-conscious buyer—perhaps a first-time homeowner, an investor, or someone seeking a lower-maintenance footprint—who prioritizes location over move-in-ready condition. The home’s lower ranking for living space but higher ranking for assessed value on its street suggests it is viewed as a solid asset in a desirable setting, appealing to those with a longer-term vision.
Section 2: Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement, but specifics on the finish quality, rooms, and ceiling height are not provided. This would be a key point for inspection to understand the true livable space and potential.
2. How does the bi-level design affect living?
Bi-levels typically feature split entryways and living spaces spread over two main levels. This can offer good separation of spaces but may involve more stairs. It’s wise to consider if this layout suits your lifestyle.
3. The living area is noted as 680 sqft. Is that the total?
This figure likely refers to above-grade living area. The finished basement would add additional space, but the overall footprint is compact, emphasizing efficient use of space.
4. What is the significance of the lot size and rankings?
The lot is larger than many in the area (ranking in the top 30% on its street), which is a significant asset. This could provide ample outdoor space and future potential, even if the current house is modest.
5. The assessed value ranks higher than the size or age. What does that indicate?
This often reflects the property’s desirable location and lot value within the market. It suggests the official assessment places substantial value on the land and location, not just the existing structure.