304 Laxdal Road

Property Overview & Key Characteristics

This 1964-built, one-storey home in Varsity View sits on a generous 7,163 sqft lot, offering a rare combination of space and established character. Its key appeal lies in its practical layout, featuring 1,197 sqft of living space with a finished basement, providing flexible room for family life, hobbies, or a home office. The property includes both attached and detached garage options, a significant advantage for storage or workshop needs. With an assessed value that ranks within the top third of Winnipeg, it presents as a solid, value-conscious investment in a mature neighbourhood.

Its charm is grounded, not flashy. It suits buyers looking for a manageable single-level floorplan, perhaps downsizers seeking to stay in the area, or first-time buyers who value a large yard and the potential to personalize a home over a brand-new build. The home’s strong city-wide ranking for lot size is a less obvious but major asset, offering privacy and green space that are increasingly hard to find closer to the core.

Five Possible FAQs

1. What does the ranking data actually mean?
   The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 16% city-wide, meaning it's larger than 84% of Winnipeg properties, which is a standout feature.

2. Is a 62-year-old home a concern?
   While the building is mature, its assessed value ranks highly, suggesting it has been maintained well relative to its peers. A thorough inspection is always advised, but the data indicates a home that has kept its value competitively over time.

3. Who would benefit most from the garage setup?
   The combination of an attached and detached garage is ideal for a household with multiple vehicles, someone needing a dedicated workshop or studio space, or anyone wanting ample storage for outdoor gear and tools separate from their primary vehicle parking.

4. How does the finished basement add value?
   Beyond extra living space, it effectively increases the functional square footage of the home. This is particularly valuable for families, for creating a separate entertainment area, or for generating potential rental income, all within the envelope of a cozy single-storey main floor.

5. What is the neighbourhood feel of Varsity View?
   As a mature community near the University of Manitoba, it often offers a quiet, settled atmosphere with larger lots and tree-lined streets, appealing to those seeking a established neighbourhood feel with good access to amenities and transit.