Property Overview & Appeal
This 1974-built, single-story home in Varsity View offers a practical, grounded living proposition. Its key characteristic is a well-sized, 5,664 sqft lot, providing ample outdoor space that ranks highly within its immediate area. The 1,176 sqft living space is supplemented by a finished basement, offering functional flexibility. With a detached garage and a mature neighborhood setting, its appeal lies in its unpretentious utility and potential as a comfortable, long-term home. It ranks as a solidly "middle-of-the-pack" property in broader Winnipeg metrics, suggesting a fair market position rather than standout luxury.
This home would suit first-time buyers or downsizers seeking a manageable single-level layout in an established community. It’s a practical choice for those who value a larger yard over a larger house and are comfortable with a property that offers good livability rather than modern perfection. A thoughtful perspective is that its average rankings across various metrics indicate stability and less volatility, potentially appealing to a buyer looking for a sensible, long-term hold without the premium price of a top-ranked home.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg for specific traits like lot size and age. For example, its lot size surpasses 88% of homes on its street, which is a notable strength, while its age is newer than about half of comparable homes, placing it in the middle range.
2. Is the finished basement included in the 1,176 sqft living area?
No, the 1,176 sqft figure typically refers to the above-ground living space. The finished basement is an additional area that adds functional square footage for recreation, storage, or extra rooms.
3. What are the implications of the home being built in 1974?
While the home benefits from being in a mature neighborhood with established infrastructure, buyers should budget for potential updates to major systems like roofing, plumbing, or windows that may be nearing the end of their service life, and factor in a thorough inspection.
4. Who might this property NOT suit?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those who prioritize a large interior footprint over yard space. The rankings suggest it offers good value but isn't a top-tier performer in terms of size or newness on a city-wide scale.
5. How should I interpret the assessment value versus the listing price?
The municipal assessment of $368,000 is for tax purposes and provides a benchmark. The listing price is set by the seller based on current market conditions. It's common for these figures to differ, and the assessment is one data point among many to consider when determining a fair offer.