Property Overview
This 1999 two-storey home in Varsity View offers a well-maintained and spacious family layout on a large lot. Its key appeal lies in a balanced combination of space, location, and modern convenience. The nearly 1,830 sqft of living space is above average for the area, complemented by a fully finished basement, providing ample room for growth. The 6,168 sqft lot is notably generous, offering private outdoor space that is increasingly rare for homes of this vintage. Its strong rankings—particularly outperforming 86% of Winnipeg homes in living space and 93% in assessed value—highlight a property that stands out in its category. It would suit buyers looking for a move-in ready family home in a established neighbourhood, who value both indoor square footage and substantial yard space over a brand-new build. A thoughtful perspective is that while the home is 27 years old, its rankings show it is newer and larger than most in the wider city, suggesting it was a premium offering in its time and has been well-kept.
Frequently Asked Questions
1. How does the recent sale price compare to the assessment?
The home sold for $591,000 in July 2024, which is very close to its $595,000 assessed value. This indicates the sale was in line with current municipal valuation.
2. Is the basement included in the listed living area?
No. The 1,828 sqft refers to the above-grade living space. The home also has a fully finished basement, which provides additional usable square footage.
3. What do the community rankings actually mean?
They show how this property compares to others in Varsity View. For example, it ranks in the top 17% for living space and top 14% for assessed value within the neighbourhood, meaning it is larger and valued higher than most homes around it.
4. Does the property need any major updates due to its age?
As a 1999 build, major systems like the roof, windows, and furnace are likely within or approaching their typical lifespan for replacement. A thorough inspection is recommended to plan for future maintenance.
5. Is the lot size a significant feature?
Yes. At over 6,000 sqft, the lot is larger than approximately 73% of properties in Winnipeg. This provides a notable amount of private outdoor space, which is a key advantage for families or those who enjoy gardening and entertaining.