241 Princeton Boulevard

Property Overview

This 1989 two-storey home in Varsity View sits on a large, 11,452 sqft lot and offers 1,837 sqft of living space. Its key characteristics include an unfinished basement, an in-ground pool, and a combination attached/detached garage. The property's appeal lies in its above-average size, both in the home and the expansive lot, providing ample room for family living, gardening, or future expansion. Its strong rankings—particularly outperforming 96% of Winnipeg homes for lot size and 86% for living area—highlight its rarity and spatial advantage in the market.

It would best suit buyers looking for a established family home in a sought-after neighbourhood who value space and potential over turn-key perfection. The unfinished basement is a blank canvas for customization, while the pool and large yard cater to outdoor lifestyle enthusiasts. This property is ideal for someone willing to grow into the home and land, appreciating the value of a prime lot that offers privacy and room to breathe within the city.

Frequently Asked Questions

Q: How does the unfinished basement affect the home's value and utility?
A: While it means immediate finishing costs, it's also a significant opportunity. It allows the next owner to customize the space to their exact needs—whether for a suite, recreation room, or home gym—without needing to undo someone else's work, and it can be a factor in the home's assessed value.

Q: What should I consider with a pool of this age?
A: An in-ground pool from this era requires diligent maintenance and budgeting for potential updates to equipment, lining, or decking. It's a major lifestyle amenity that adds to summer enjoyment and social hosting, but it is also an ongoing commitment in terms of time and cost.

Q: The lot is exceptionally large for the area. What does that mean practically?
A: Beyond privacy and space for play or gardens, a lot of this size (ranking in the top 4% in Winnipeg) is a long-term asset. It provides options for significant landscaping, potential additions like a shed or sport court, and typically holds its value well due to scarcity.

Q: The home ranks very high for lot size but lower for its build year. Is that a concern?
A: The 1989 build date places it in the middle range for age locally. This isn't uncommon for a mature neighbourhood like Varsity View. The trade-off is clear: you're acquiring a premier-sized property, and the home itself, while not new, is at an age where major systems like roof, windows, and HVAC may have been updated or will be a key focus for inspection.

Q: Who is the typical buyer in this neighbourhood?
A: Varsity View is popular with families, academics, and professionals drawn to its central location near the University of Manitoba. This particular property, with its pool and large yard, will especially attract those seeking a permanent family home with established community roots and space for children to grow.