Property Summary: 58 Bramble Drive, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This 1987-built two-storey home in Varsity View presents a compelling blend of space, location, and established value. Its key characteristics include a generous 2,041 sqft of living space, a fully finished basement, and a large 8,129 sqft lot, placing it in the top tier for size within both the neighborhood and the wider city. The home features an attached garage and a classic layout suited for family living.
The appeal lies in its position within a mature, sought-after community. The property ranks highly for lot size, living area, and overall assessed value compared to most of Winnipeg, indicating a solid and above-average offering. It’s a home that has already seen significant equity growth since its 2020 purchase. This property would best suit buyers looking for a move-in ready, spacious family home in a prime academic-adjacent neighborhood, who value a large yard and the stability of an established area over a brand-new build. A thoughtful perspective is that while the build year is not new, the home’s competitive rankings in living space and lot size suggest it was a premium offering for its time and continues to offer room to grow that newer infill properties in the area often lack.
Section 2: Frequently Asked Questions
1. How does the 2020 sale price compare to the current assessment?
The home sold for $538,000 in August 2020. The current assessed value is $569,000, indicating a growth in market value over the holding period.
2. Is the lot size typical for the area?
Yes, and it’s a standout feature. At over 8,100 sqft, the lot size ranks in the top 50% on its street and the top 31% within the Varsity View community, offering more outdoor space than many comparable properties.
3. What does the "ranking" data mean for a potential buyer?
These percentile rankings show how this property compares to others. For example, ranking in the "top 9%" for living area in Winnipeg means over 91% of city homes have less interior space. It’s a quick way to gauge the home’s relative strengths.
4. The home was built in 1987. What should I consider?
While the structure is nearly 40 years old, it ranks as newer than 72% of Winnipeg homes, placing it in a mature but not historic category. A pre-purchase inspection is always advised to understand the condition of major systems like roof, windows, and mechanicals that may be nearing their typical lifespan.
5. How does this property stand out in Varsity View?
Its combination of a very large lot and above-average living space is notable. While many homes in the neighborhood are of a similar vintage, this one offers more square footage than 91% of its community peers, making it a spacious option in a central location.