Property Overview
50 Bloomer Crescent is a spacious, well-established family home in Winnipeg's Varsity View neighbourhood. Built in 1997, this one-storey bungalow sits on a large, approximately 9,600 sqft lot, offering significant outdoor space that is rare in many newer subdivisions. With nearly 1,900 sqft of finished living space, including a developed basement, and an attached garage, the home provides practical, single-level living.
Its primary appeal lies in its generous proportions—both indoors and out—within a mature community. The property's standout feature is its exceptional lot size, ranking in the top 3% on its street. This creates immense potential for gardening, recreation, or future expansion. Financially, it presents as a solid asset, with an assessed value ranking in the top 10% locally and top 5% city-wide, suggesting strong underlying value for the area.
This home is ideally suited for buyers seeking a "forever home" with room to grow, such as growing families who value large yards, or empty-nesters looking for single-level convenience without sacrificing space. It also appeals to value-oriented buyers who prioritize land size and established community character over a brand-new build.
Frequently Asked Questions
Q: The house was built in 1997. Should I be concerned about major repairs?
A: A home of this age is likely approaching key maintenance milestones for components like the roof, HVAC system, and windows. A thorough inspection is essential, but this also means the home has settled and any initial "new build" issues have long been resolved.
Q: How does the large lot size impact me as an owner?
A: Beyond the obvious benefits of space, a lot of this size (over 9,600 sqft) means higher utility for gardening or play, but also requires more time or resources for maintenance like lawn care and snow clearing. It can also offer future potential, but always check local zoning bylaws for any expansion plans.
Q: The assessed value seems high for the area. What does that mean?
A: A high assessment relative to neighbours typically reflects the municipality's view of the property's value, often driven by the large lot and finished living space. It's a positive indicator of the property's standing, but market sale price is determined by current buyer demand.
Q: Is the finished basement included in the listed 1,885 sqft living area?
A: Usually, the main living area (1,885 sqft) and the finished basement are reported separately. The total usable space is therefore significantly larger than the listed square footage, which is a key feature of this bungalow.
Q: The rankings show the home is newer than only 10% of houses on its street. Is that a problem?
A: This indicates Bloomer Crescent is a mature street with mostly older homes. This isn't inherently negative; it often means larger lots, established trees, and a stable community. It simply highlights that this is one of the more recent builds on a well-established block.