Property Overview
71 Bramble Drive is a spacious, two-storey family home in Winnipeg's established Varsity View neighbourhood. Built in 1987, it sits on a large, approximately 8,930 sqft lot and offers 2,446 sqft of living space. Key features include an unfinished basement and an attached garage. The home's standout characteristic is its generous scale, with its living area ranking in the top 3% for both the community and the entire city, offering more interior room than the vast majority of comparable properties.
Its appeal lies in the combination of ample space and a mature, sought-after location. The property's value is underscored by a current assessed value of $670,000, which places it well above average for the area. This home would ideally suit growing families or buyers looking for a long-term residence with room to customize, particularly those who see potential in finishing the basement to add significant additional living area. It's a property for someone who prioritizes interior square footage and lot size over a recently built home, appreciating the character and established greenery of a nearly 40-year-old neighbourhood.
Frequently Asked Questions
1. How does the 2020 sale price compare to the current assessment?
The home sold for $540,000 in July 2020. Its current assessed value is $670,000. This increase reflects broader market trends and the home's standout rankings for size and value within its area.
2. What do the ranking percentages (e.g., "top 3%") actually mean?
These rankings compare this specific property against others. For example, its living area is larger than 97% of homes in both Varsity View and Winnipeg, meaning it's exceptionally spacious. Similarly, its assessed value is higher than 94% of homes in the community, indicating it is a premium property in the area.
3. Is the unfinished basement a drawback or an opportunity?
This depends on the buyer's vision. It is a blank canvas for creating additional bedrooms, a recreational room, or a suite, allowing a new owner to tailor the space to their needs and potentially increase the home's value. It does, however, require an upfront investment of time and money.
4. The home was built in 1987. What should I consider?
While the structure is solid and the home ranks as newer than many in Winnipeg, its age means crucial systems (like roof, windows, furnace, and plumbing) may be nearing or past their typical lifespan. A thorough inspection is essential to budget for any necessary updates or maintenance.
5. Who is the most likely buyer for this property?
The data suggests the ideal buyer values space above all. It's a strong match for a family needing multiple bedrooms and living areas, or for someone who works from home and desires dedicated office space. The large lot also appeals to those who enjoy gardening or outdoor living.