Property Overview: 3629 Batchelor Avenue
Section 1: Key Characteristics & Appeal
This well-maintained 1976 bungalow in Varsity View offers a classic and practical living arrangement on a generous 6,597 sqft lot. Its key features include a fully finished basement and a spacious, single-level main floor living area of 1,195 sqft. The home's appeal lies in its solid, no-fuss layout and its established, quiet neighbourhood setting. The large lot presents significant potential for gardening, outdoor living, or future expansion.
The property is particularly well-suited to first-time buyers seeking a move-in-ready home with room to grow, or to downsizers looking for manageable single-storey living without sacrificing yard space. Its recent sale in May 2024 suggests it was a competitively priced, market-ready home. A thoughtful perspective is its strong city-wide ranking for lot size (surpassing 79% of Winnipeg homes), which is a permanent asset that adds long-term value and flexibility, unlike interior finishes which can be updated over time.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is an established, family-friendly community near the University of Manitoba. It offers a mature streetscape, local parks, and convenient access to amenities and major routes, balancing quiet residential living with practicality.
2. Is the basement a legal suite?
The listing notes the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income should verify its compliance with local zoning and licensing regulations.
3. What is the condition of major systems?
As a home built in 1976, the roof, furnace, windows, and plumbing are at an age where inspection is crucial. A thorough professional home inspection is recommended to assess their remaining service life.
4. Why is there a difference between the assessed value and the recent sale price?
The $38,000 sale price in May 2024 exceeded the $368,000 assessed value. This is common, as assessments are for taxation and lag behind the current market, which is driven by buyer competition and recent comparable sales.
5. What are the property taxes?
The annual property taxes can be estimated using the City of Winnipeg's tax rate and the assessed value of $368,000. Prospective buyers should calculate this to understand the full carrying cost.