344 Laxdal Road

Property Overview

This 1972-built, one-storey home in Varsity View offers a practical layout with 1,337 sqft of living space on a generous 7,197 sqft lot. Its key feature is a fully finished basement, adding valuable functional space. The home presents a classic, low-maintenance profile with no garage or pool. Its appeal lies in its established neighbourhood setting and above-average lot size, providing room and privacy that can be harder to find in newer subdivisions. The rankings indicate it outperforms most Winnipeg homes in overall size and lot dimensions, while being newer than many in its immediate area.

It would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature community. The large lot is a significant asset for gardeners, those seeking outdoor space, or future expansion. It's a property for buyers who value space over flashy updates, seeing potential in the solid fundamentals of lot size, location, and finished square footage.

Key Questions for Consideration

1. What does the "finished basement" entail? Given the home's era, it's important to understand the basement's ceiling height, finish quality, natural light, and whether it includes a separate entrance or additional bathroom.

2. How is the property heated and cooled? The age of the home means the mechanical systems (furnace, water heater) are likely not original, but their age and efficiency will be key for comfort and operating costs.

3. What is the condition of the roof and windows? These are major cost factors in a home of this vintage. Recent updates would be a significant advantage, while original components would need budgeting for replacement.

4. Is there potential to add a garage or carport? The lack of a garage is a noted feature. The large lot may offer room to build one, but checking local zoning bylaws and setback requirements is an essential first step.

5. How does the assessed value relate to the asking price? With an assessed value of $381,000, understanding the seller's pricing rationale—whether based on recent renovations, market conditions, or the premium for the large lot—will be crucial for evaluation.