283 Mclean Street

Property Overview: 283 McLean Street, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, well-situated bi-level home built in 2019, offering a move-in-ready experience with the benefits of a newer build. Its key characteristics include a fully finished basement, an attached garage, and a generous 5,381 sqft lot. The home’s 1,187 sqft of living space is efficiently laid out across two levels.

The primary appeal lies in its balance of contemporary convenience and established neighbourhood charm. Located in the sought-after Varsity View area, it provides a quiet, mature setting while being a newer construction that requires minimal immediate upkeep. The data suggests strong value retention, with the home ranking in the top tiers of the area for its newness, lot size, and assessed value. It’s a property that has already demonstrated solid market performance since its last sale.

This home would ideally suit first-time buyers or small families looking for a modern, low-maintenance property in a prime academic-adjacent neighbourhood. It’s also a prudent choice for value-conscious buyers who appreciate a home that ranks highly against its local peers on key metrics like age and lot size, indicating a competitive edge in the area.

Section 2: Frequently Asked Questions

1. What are the less obvious benefits of a 2019 build?
Beyond just being modern, a home from 2019 likely still has significant warranty coverage on major components, offers contemporary floor plans and energy efficiency standards, and has had just enough time for the landscaping and neighbourhood to settle in, avoiding the raw feel of a brand-new subdivision.

2. How does the bi-level layout function in practice?
A bi-level typically features a main living area (kitchen, living, dining) on one level and bedrooms on another, often with the basement half above grade. This can create good separation between living and sleeping spaces. The fully finished basement here effectively adds usable square footage for recreation, a home office, or guest space.

3. The lot is large, but what does that mean for me?
At over 5,300 sqft, the lot offers ample private outdoor space for gardening, play, or entertaining—a premium in many city neighbourhoods. It also provides a sense of openness and future flexibility that smaller lots do not.

4. The home’s rankings show it's newer than most in the area. Why is that significant?
This indicates you’re getting one of the most modern homes in a mature, established neighbourhood. You benefit from new construction amenities without having to compromise on the tree-lined streets and character of an older community like Varsity View.

5. The assessed value is notably higher than the 2020 purchase price. What should I take from that?
While not a direct predictor of sale price, the increase in assessed value suggests the property has appreciated in line with or ahead of market trends. It reflects the city’s valuation of the property’s worth, which is often influenced by sales of comparable homes, renovations, and overall market conditions.