248 Bloomer Crescent

Property Overview: 248 Bloomer Crescent

Key Characteristics & Appeal

This is a well-maintained, early-2000s family home in the established Varsity View neighbourhood. Its primary appeal lies in offering solid, move-in-ready space on a generous 6,000+ sqft lot, a combination that provides room to grow and is increasingly sought-after in mature areas. The home features a finished basement and an attached garage, adding practical, year-round functionality.

The property’s competitive strength is revealed in its city-wide rankings. While it sits in the middle of the pack within its immediate street and neighbourhood for size and value, it ranks in the top third of all Winnipeg homes for living space and, notably, in the top 10% for its assessed value. This suggests it is perceived as a strong value proposition within the broader market. The home is notably newer than most in its community, ranking in the top 11% locally for its 2002 build year, meaning major components like the roof, windows, and systems are likely in good condition with modern standards.

It would best suit practical buyers—growing families or downsizers seeking single-level living—who prioritize a quiet, established neighbourhood over brand-new construction. It’s for those who want a low-maintenance, CABOVER-style home with a large yard for gardening, play, or future expansion, without the premium price tag of a newer property or the renovation headaches of an older one. The high city-wide value ranking indicates it should also appeal to the value-conscious investor or buyer looking for a property with stable assessment fundamentals.

Frequently Asked Questions

1. What does the ranking data actually tell me?
It shows how this property compares to others. For example, being newer than 89% of homes in Varsity View means lower immediate repair risks. Ranking in the top 10% of Winnipeg for assessed value indicates the city views it as a high-value property relative to others, which can be a positive signal for long-term equity.

2. What is a "CABOVER" style home?
CABOVER (Cab-Over) is a common Winnipeg architectural style where the second story is built partially over the garage, creating a distinctive front-facing gable. It’s a space-efficient design that typically offers a good floorplan on a standard lot.

3. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. A buyer should verify its configuration with the agent and confirm with the city if rental or suite potential is a key requirement.

4. The lot is large. What are the possibilities?
Beyond a spacious yard, a 6,006 sqft lot in an established neighbourhood may offer future potential for additions like a large deck, sunroom, or even a garage expansion, subject to city zoning and bylaws. It’s a valuable asset for outdoor living or future upgrades.

5. How does being in the "middle" of my street's rankings affect me?
Ranking in the 37th-65th percentile on your own street for metrics like value and size isn’t necessarily negative. It often means the home is harmoniously in scale with its immediate neighbours, which can provide streetscape consistency and protect against one over-improved or under-improved house affecting values. It represents a stable, integrated position.