Property Overview
This 1974-built, one-storey home in Varsity View offers a practical layout on a large, 5,864 sqft lot. Its key appeal lies in a well-balanced package: a fully finished basement adds valuable living space to the 1,262 sqft main floor, while the split garage provides classic Winnipeg convenience. The property presents a grounded opportunity, ranking above the Winnipeg average for lot size, value, and overall living area. It’s a home that doesn’t lead with luxury but with solid fundamentals. It would particularly suit first-time buyers or downsizers seeking single-level living in a central, established neighbourhood, or an investor looking for a property with strong rental potential due to its location and functional layout.
A thoughtful perspective is that while the home is over 50 years old, its rankings show it competes well on size and value against much newer homes, suggesting it has been maintained as a viable modern dwelling. The very large lot also presents a less obvious long-term appeal, offering space for gardens, expansion, or simply a rarity of outdoor room that newer subdivisions often lack.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a central, established neighbourhood near the University of Manitoba. It offers a mix of residential streets, convenient access to amenities, and a community feel that appeals to families, academics, and professionals.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
3. What does the "ranking" data mean?
The percentile rankings compare this property against others on its street, in Varsity View, and across all Winnipeg. For example, ranking "above 64% of Winnipeg" for value means its assessed price is higher than most, indicating stronger perceived market value for its category.
4. What are the typical maintenance considerations for a home of this age?
Built in 1974, prospective buyers should pay special attention to the condition of major systems like roof, windows, plumbing, and electrical, which may be original or nearing the end of their service life. A thorough inspection is advised.
5. How does the split garage work in winter?
A split garage (two separate single doors) is common in Winnipeg. It provides flexibility but means two doors to clear of snow and two openers to maintain. The trade-off is often easier access and potentially more driveway parking space compared to an attached double garage.