Property Overview
This 1974-built, one-storey home in Varsity View offers a practical layout on a large, 6,060 sqft lot. Its key appeal lies in a balance of space, location, and value. With 1,190 sqft of living space and a finished basement, it provides room to grow without the upkeep of a larger property. The home’s standout characteristic is its lot size, which is notably generous for the area and offers significant potential for gardening, expansion, or simply enjoying private outdoor space.
Its location in a well-established, central neighbourhood near the University of Manitoba is a major draw, offering convenience and mature surroundings. The property would suit first-time buyers seeking a solid entry into a desirable community, downsizers looking for a manageable single-level layout without sacrificing yard space, or value-oriented investors attracted by the lot size and rental potential near the university. A thoughtful perspective is that while the home itself is average in size and age for the area, the below-average lot ranking suggests it’s a larger-than-typical parcel, making it a relative rarity. Its overall rankings indicate a property that is competitively positioned within the broader Winnipeg market, offering more house and land for the price than nearly 60% of city properties.
Frequently Asked Questions
Q: What does the "finished basement" include?
A: The listing confirms the basement is finished, adding to the usable living space. Specific details on rooms, ceiling height, or finishes should be verified by a viewing or with the listing agent.
Q: How does the 52-year age of the home affect things?
A: While well-maintained, a home of this age may have original components, like windows, roof, or major systems, that are nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates.
Q: There's no garage. Is there other parking?
A: The listing does not specify a driveway or dedicated parking. This is a key point to clarify, as on-street parking in the area may be subject to neighbourhood permits or restrictions.
Q: The lot is large, but how is it shaped and oriented?
A: The total square footage is provided, but the lot's dimensions, shape, and sun exposure are not detailed. These factors greatly influence usability for gardens, decks, or future additions.
Q: The assessment is $376,000. What does that mean for the listing price?
A: The municipal assessment is for tax purposes and reflects a value from a prior date. It can be a market indicator, but the final listing and sale prices are determined by current market conditions, the home's specific state, and seller motivation.