Property Overview: 245 Bloomer Crescent

Section 1: Key Characteristics & Appeal

This home at 245 Bloomer Crescent presents a compelling blend of above-average modern living space within a well-established community. Its primary appeal lies in its generous 1,934 sqft of living area, which ranks within the top 12-14% when compared to similar homes across the wider Varsity View neighborhood and the entire city of Winnipeg. Built in 2003, the property is notably newer than most in the area, ranking in the top 5% on its own street for its modern construction year.

While the land size is more standard for the immediate area, the property’s assessed value for taxes is significantly above the neighborhood and city averages, suggesting desirable attributes or improvements not solely captured by raw square footage. This creates an interesting dynamic: you get a spacious, relatively contemporary home without necessarily requiring an excessively large lot to maintain.

This property would suit buyers who prioritize interior space and modern building standards over vast yard sizes. It’s ideal for a growing family or professionals needing ample room, who want to be in the established Varsity View community but in a home that feels current. The data indicates it offers a "sweet spot"—more house for the money compared to the citywide average, while holding its own on a street of similarly valued homes.

Section 2: Frequently Asked Questions

1. How does the living space truly compare to nearby homes?
The 1,934 sqft is substantially larger than the average home in both Varsity View (approx. 1,387 sqft) and Winnipeg overall (approx. 1,342 sqft). On its own street, it's also above the average, placing it in the top quarter for size.

2. The land size seems average; does that affect the property's value?
The lot is consistent with the street's average and smaller than the broader neighborhood average. However, the above-average assessed value implies that the home's structure, features, and modern build (2003) contribute significantly to its worth, offsetting a premium for land alone.

3. What does the "above average" assessed value actually mean?
With an assessed value ranking in the top 14% for the neighborhood and top 8% citywide, this property is officially valued higher than most comparable homes. This typically reflects a combination of its size, newer age, and likely its condition or upgrades, though it also indicates a correspondingly higher property tax bill.

4. How significant is the 2003 build year?
Very significant for this area. It ranks in the top 5% newest homes on Bloomer Crescent, where the average build year is 2001, and is far newer than the Varsity View neighborhood average (1975). This suggests potentially fewer immediate concerns with aging infrastructure (roof, windows, systems) compared to many surrounding homes.

5. Are there any less obvious advantages suggested by this data?
The rankings reveal a nuanced position. This home isn't necessarily the largest or on the biggest lot on its block, but it combines strong scores in living space and modernity. This could offer a balanced proposition: a newer, low-maintenance structure with ample room, situated on a manageable lot within a mature community. It avoids the extremes of a massive, older home on a huge lot or a tiny new build.