Property Overview & Key Characteristics

This is a character-filled, one-and-a-half storey home in the established Varsity View neighbourhood. Its primary appeal lies in the combination of a large, 7,849 sqft lot with a private in-ground pool—a rare find in this central area—and a fully finished basement that adds functional living space. Built in 1926, the home offers classic architecture and sits on a property that ranks in the top 12% of Winnipeg for lot size. While the structure itself is a century old, it provides generous living space (1,495 sqft) that ranks above average for the city. The property would suit a buyer looking for an established, tree-lined neighbourhood close to the University of Manitoba, who values outdoor privacy and recreation space over a modern build. It’s ideal for someone ready to enjoy mature gardens and a pool, while being understanding of the maintenance and charm that comes with a historic home. A thoughtful perspective is that this property offers more land and amenities than many newer builds in the area, trading modern floorplans for established greenery and unique outdoor living potential.

Frequently Asked Questions

1. What does the home’s age mean for maintenance?
Built in 1926, the home is a century old. Buyers should budget for and anticipate maintenance consistent with its age, such as potential updates to original systems, while also appreciating the enduring quality of materials and craftsmanship from that era.

2. How significant is the lot size and ranking?
The lot is exceptionally large at 7,849 sqft, ranking larger than 88% of properties in Winnipeg. This provides uncommon space for gardens, play, and the existing pool, offering a level of privacy and outdoor potential rare in central neighbourhoods.

3. The assessment value seems lower than expected; what does this indicate?
The municipal assessment of $324,000 is a formulaic value for tax purposes and often lags behind market value. Its ranking (top 58% in Winnipeg) suggests it is assessed lower than many city properties, but the market price is determined by current buyer demand for its unique features.

4. Is the pool a major asset or a liability?
This depends on the buyer. It is a fantastic private amenity for summer enjoyment, adding significant lifestyle appeal. However, it requires seasonal opening/closing, ongoing maintenance, and carries associated insurance and safety considerations.

5. What is the neighbourhood vibe in Varsity View?
Varsity View is a quiet, established, and highly desirable neighbourhood adjacent to the University of Manitoba. It offers a mature, community-focused atmosphere with a mix of academic professionals, families, and long-term residents, benefiting from proximity to campus amenities and green spaces.