Property Overview & Key Characteristics
This is a spacious, one-storey home in the established Varsity View neighbourhood, built in 1960. Its primary appeal lies in its generous, mature lot of over 12,000 square feet—a rarity that places it in the top tier of properties in Winnipeg for land size. The home itself offers 1,368 sqft of living space with a finished basement and a detached garage.
The property suits buyers looking for a solid, no-fuss home with exceptional outdoor potential. It’s ideal for those who value privacy, room for gardens, play areas, or future additions more than a modern build. The rankings indicate it’s a standout property in terms of lot size within its community and the wider city, offering a sense of space that is increasingly hard to find. It would particularly appeal to a handy buyer or someone comfortable with the character and maintenance of a 1960s home, seeing the structure as a canvas on a premier piece of land.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being in the "top 3%" for land size in Winnipeg highlights just how large and uncommon this lot is.
2. Is the house itself outdated?
Built in 1960, the home is older, which is reflected in its "newer than 38%" ranking city-wide. Buyers should anticipate the systems and style of a mid-century home, balanced by the value of its expansive land and established location.
3. What are the advantages of such a large lot?
Beyond privacy and space, a lot of this size offers significant flexibility. It allows for potential expansions, the addition of outdoor living structures, or simply enjoying a large green space in a mature neighbourhood where most lots are much smaller.
4. How does the assessment value relate to the asking price?
The municipal assessment is $393,000, which is a tax valuation and a useful benchmark. The final sale price is determined by the market, and for a property with such a standout feature (the lot), it may attract offers that differ from the assessed value.
5. What is the neighbourhood like?
Varsity View is a central, established area near the University of Manitoba. It offers a quiet, residential feel with mature trees while providing convenient access to amenities, parks, and major routes. The high community ranking for lot size suggests it's a neighbourhood of desirable, larger properties.