244 Alcrest Drive

Property Summary: 244 Alcrest Drive

Key Characteristics & Appeal

This 1983-built, four-level split home in Varsity View offers a well-proportioned 1,882 sqft of living space on a generous 6,194 sqft lot. Its key feature is space: it ranks in the top 15% of the community and top 13% city-wide for living area, providing ample room for a growing household or those who value separate living zones. The home includes a finished basement and an attached garage. Its appeal lies in a balanced offering of established neighbourhood character, above-average interior space, and a lot size that provides room for outdoor enjoyment or future projects. The property’s overall assessed value ranks higher than most homes in Winnipeg, suggesting a solid, mid-range market position.

It would suit practical buyers looking for a move-in ready family home in a mature area, who prioritize interior square footage over a brand-new build. It’s also a fit for those who appreciate the potential of a larger lot in a central neighbourhood. A less obvious perspective is its potential appeal to buyers wary of bidding wars in "hotter" segments; this home presents as a competent, established option that may fly slightly under the radar compared to fully renovated or newer properties.

Frequently Asked Questions

1. What are the pros and cons of a four-level split layout?
Pros include defined separation between living, sleeping, and recreational areas, which can enhance privacy and reduce noise. The cons often involve navigating multiple short flights of stairs, which may not suit those with mobility concerns.

2. How does the 43-year age of the home factor in?
While the home is well-established, its age means crucial systems (like roof, windows, furnace) may be at or beyond their typical lifespan. A thorough inspection is essential, but the mature age also often correlates with larger lot sizes and established landscaping not found in newer subdivisions.

3. The home ranks highly for space but mid-range for value in the community. What does this indicate?
This suggests you are paying primarily for the substantial interior and land square footage. It may indicate the home is functionally sound but not extensively updated, presenting a value proposition based on space rather than high-end finishes.

4. What is the significance of the large lot size?
Beyond simple outdoor space, a lot of nearly 6,200 sqft in an established neighbourhood like Varsity View offers rare potential for additions, a sizable garden, or future outdoor living structures, which can be a long-term asset.

5. Is the finished basement included in the 1,882 sqft living area?
Typically, municipal living area (sqft) calculations in homes of this style and era do not include below-grade basement space, even if finished. The 1,882 sqft likely refers to above-grade levels. The finished basement provides additional, flexible space not reflected in that primary figure.