Property Overview & Appeal
This 1975-built, one-storey home in Varsity View offers a practical and spacious family layout on a large, 6,760 sqft lot. Its key characteristics include 1,320 sqft of living space, a finished basement, and an attached garage. The appeal lies in its above-average lot size and solid footprint for the area, providing room to grow or enjoy outdoor space. The home's value is underscored by its assessment, which ranks higher than most properties in Winnipeg.
It would suit buyers looking for a solid, no-frills bungalow in a well-established neighbourhood, particularly those who prioritize land size over a modern build. It's a practical choice for families or long-term owners who see potential in the existing structure and appreciate the stability of a home that has served its community for decades.
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 example, being in the top 28% for living area in Winnipeg means it's more spacious than most homes in the city, which is a significant advantage.
2. Is a 51-year-old home a concern?
While systems and components will likely need ongoing maintenance or updating, the home's age is typical for the neighbourhood. Its above-average rankings for value and lot size suggest it has been a well-kept asset in a desirable location.
3. How does the large lot size benefit me?
Beyond simple outdoor space, a lot of this size in an established area offers long-term flexibility. It provides privacy, room for additions like a deck or garden, and is a key factor in the property's above-average assessed value.
4. The home ranks lower for "newness" than for size and value. Why?
This is common for well-located, older homes. It indicates that the property's appeal comes more from its generous lot, practical square footage, and location than from being a recently built structure. The value is in the land and the established community.
5. What is the neighbourhood character of Varsity View?
As a mature neighbourhood near the University of Manitoba, it typically offers a mix of academic families, long-term residents, and a quiet, community-oriented atmosphere with easy access to amenities and green spaces.