Property Summary: 352 Chalfont Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This 1953-built, one-storey home sits on a notably large 12,000 sqft lot in the established Varsity View neighborhood. Its primary appeal lies in the rare combination of a spacious, mature property within the city, offering significant space and privacy uncommon for the area. The home features 1,182 sqft of living space, a finished basement, and an attached garage.
The property’s standout strength is its land. The lot size ranks in the top 10% within the community and the top 4% city-wide, presenting a major opportunity for gardening, expansion, or future redevelopment. It suits buyers who value outdoor space over a large interior footprint, including those looking for a manageable single-level layout with room to grow. It’s also a compelling prospect for value-oriented buyers or investors who see the underlying land value in a desirable location, as the assessed value remains relatively modest compared to the lot's premium ranking.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, its land size is better than 96% of Winnipeg properties, placing it in the top 4%. This provides context on how its key features stack up locally.
2. Is the house itself outdated?
Built in 1953, the home is older than most in the city (ranking in the top 72%, meaning 72% of Winnipeg homes are newer). Buyers should anticipate maintenance or updates consistent with its age, but this is balanced by the premium lot.
3. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without renovation projects, or those who prioritize a large interior living area over expansive outdoor space.
4. Why is the assessed value ranking lower than the land size ranking?
The total assessment reflects both the land and the building. The high land value is likely offset by the age and modest size of the dwelling, resulting in a more moderate overall assessment value compared to newer or more extensively renovated homes.
5. What are the advantages of a lot this size here?
Beyond privacy and space, a lot of this scale in Varsity View offers long-term flexibility. It could accommodate additions like a large garage, workshop, or garden suite (subject to zoning), or simply preserve a generous green space in the city.