Property Overview: 57 Sammons Crescent
This two-storey home in Varsity View offers a well-established family living environment on a large, nearly 8,000 sqft lot. Built in 1987, its appeal lies in its above-average size (over 2,000 sqft of living space), a finished basement, and a consistent history of value appreciation, as evidenced by its recent sale history. The property ranks highly within Winnipeg for both lot and living area size, placing it in the top tier for spaciousness.
It would best suit buyers looking for a move-in-ready home with room to grow, who value the mature neighbourhood setting and a sizable yard over a brand-new build. The strong performance in city-wide rankings for size and recent sale price suggests it appeals to those seeking a solid, long-term investment in a desirable area. A thoughtful perspective is that while the home is nearly 40 years old, its competitive rankings for "newness" within the community indicate it is well-maintained and situated among a mix of older and newer properties, offering established greenery and neighbourhood character.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for $615,000 in January 2025, which is approximately $70,000 above its most recent assessed value of $548,000. This is not uncommon in active markets and reflects current buyer demand versus the municipality's valuation for tax purposes.
2. Is the lot size a typical feature for the area?
Yes and no. The lot is nearly 8,000 sqft, which ranks in the top 37% on its own street and top 11% city-wide. This means it is significantly larger than many Winnipeg lots, offering more outdoor space than the typical property.
3. What do the rankings for "newness" indicate?
While the home was built in 1987, it ranks as newer than 75% of homes in Varsity View. This suggests the neighbourhood contains many homes built earlier than the 1980s, so this property may be one of the more recent builds on the block, potentially with updates or construction methods from that era.
4. Has the property's value increased?
Based on the available transaction history, the home sold for $575,000 in July 2022 and then $615,000 in January 2025. This indicates a positive trend in value over that 2.5-year period.
5. What is the significance of the high ranking for living area size?
With over 2,000 sqft, this home offers more interior space than 91% of properties in both the community and the entire city. This is a key differentiator for buyers seeking ample room without moving to a newer suburban development.