Property Overview
This well-situated Varsity View home presents a classic and spacious single-family opportunity. Its key appeal lies in the combination of a large, 8,152 sqft lot in a desirable neighbourhood with a practical, single-storey layout and a finished basement. The home suits buyers looking for solid value in a mature area, particularly those who prioritize generous outdoor space over a brand-new build. It’s an ideal candidate for a young family seeking room to grow, or for downsizers who want main-floor living but aren't ready for a condo. A less obvious strength is its relative ranking; while the 1967 build date is average, the property's lot size and assessed value rank in the top third of Winnipeg, suggesting the land itself holds significant inherent value.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size is in the top 11% city-wide, which is a standout feature, while its living space is close to the city's median.
2. Is the finished basement included in the 1,172 sqft living area?
Typically, the listed "living area" refers to above-grade, heated space. The finished basement would provide additional usable square footage, but it is not usually counted in the official figure.
3. What are the implications of a 1967 build date?
Homes of this era are often solidly built but will likely have original or aging core components, like windows, roof, and major systems. A thorough inspection is advised to budget for potential updates.
4. How does a "split" garage differ from a double garage?
A split garage, often called a tandem garage, has two single bays arranged front-to-back rather than side-by-side. It provides space for two cars but requires one to be parked behind the other.
5. The assessed value is $404,000. Is that the sale price?
No. The municipal assessment is for tax purposes and reflects a mass appraisal from a prior date. The market sale price is determined by current buyer demand, condition, and comparable recent sales.