30 Stockdale Street

Property Overview & Appeal

This 1991-built bungalow in Varsity View offers a practical layout with 1,705 sqft of living space on a notably large, 7,619 sqft lot. Its key characteristics include an unfinished basement and an attached garage. The appeal lies in its above-average proportions and established location. The home ranks highly within its immediate street and across Winnipeg for lot size, living area, and assessed value, suggesting a property that outperforms many peers in terms of space and municipal valuation. It would suit buyers looking for a solid, spacious bungalow with the potential to customize the basement to their needs, and who value a large yard in a mature neighbourhood.

Key Considerations & FAQs

1. What does the ranking data actually mean?
   The rankings show this home is in the top tier for lot size and living space compared to its direct neighbours, indicating a premium position on its street. Its rankings within the broader community are solid but more moderate, which is typical for a well-sized home in an established area.

2. Is an unfinished basement a drawback or an opportunity?
   This depends on the buyer. It requires an initial investment to finish, but it allows for complete customization of the additional space (e.g., a rec room, home gym, or suite) without needing to undo previous work, which can be a cost advantage.

3. The home is 35 years old. What should I anticipate?
   While well-maintained, a home of this age will likely have systems (like the roof, windows, or furnace) that are at or beyond their typical lifespan. A thorough inspection is essential to budget for any upcoming updates or replacements.

4. How does the large lot size benefit me?
   Beyond extra private outdoor space, the large lot provides flexibility for gardening, play areas, or future additions like a shed or deck. It also often contributes significantly to the property's assessed value and long-term appreciation potential.

5. Who is the typical buyer for this property?
   It's well-suited for downsizers seeking single-level living with ample room for guests or hobbies, or for growing families who prioritize indoor and outdoor space over a brand-new build. The unfinished basement also appeals to buyers who want to add equity through a tailored renovation.