260 Alcrest Drive

Property Overview: 260 Alcrest Drive

This unique one-storey home in Varsity View presents a compelling opportunity defined by its substantial lot and established character. Its appeal lies in the rare combination of a massive, private yard in a central location, paired with a home that offers functional, updated living space. It would particularly suit buyers who value outdoor space and privacy over a brand-new build, such as families seeking room for children and pets to play, or those with gardening or landscaping ambitions. The very high rankings for lot size across the city indicate this is a standout feature not easily replicated. A thoughtful perspective for the right buyer is viewing the 1946 build date not just as an age, but as a marker of a home from an era of generous lot allocations, now offering a canvas for both the home and the expansive grounds to be shaped to an owner's vision.

Frequently Asked Questions

1. What does the "rankings" data actually mean?
The rankings show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, its lot size is in the top 1% city-wide, meaning it's larger than 99% of properties, which is exceptionally rare. Conversely, its age is greater than most, placing it in a more classic category.

2. Is the basement included in the 1,660 sqft living area?
Typically, "living area" refers to above-ground, finished space. The listing notes a finished basement, which provides additional usable square footage beyond the stated 1,660 sqft main floor.

3. What are the implications of a 1946 build date?
While the home has been updated (with a finished basement), buyers should be prepared for the character and potential maintenance considerations of an older home. This can include original hardwood floors or plaster walls, but also systems (like plumbing or electrical) that may need attention or have been updated over time.

4. How does the lot size impact costs and upkeep?
A 21,774 sqft lot (approximately half an acre) offers tremendous privacy and space but also requires more time and resources for maintenance like lawn care, gardening, or snow clearing compared to a standard city lot.

5. The assessed value is noted, but what does that mean for the listing price?
The municipal assessment of $537,000 is for tax purposes and is based on a mass appraisal system. The listing price is set by the seller and the current market, and may be higher, lower, or close to this assessed value depending on condition, updates, and market demand.