Property Summary: 35 Bramble Drive

Section 1: Key Characteristics & Appeal

This well-established Varsity View home presents a compelling opportunity for buyers seeking space, location, and value in a mature neighbourhood. Its key characteristic is the generous 9,601 sqft lot, which places it in the top tier of properties locally for outdoor space, offering significant potential for gardening, recreation, or future expansion. The 1,969 sqft two-storey home, with a finished basement and attached garage, provides ample living space.

The primary appeal lies in its strong positional value within Winnipeg. It ranks highly for lot size, living area, and assessed value compared to most of the city, suggesting a solid investment in a desirable location. The neighbourhood itself is a major draw, offering the quiet, tree-lined streets of an older community with the convenience of being close to the University of Manitoba, major routes, and amenities.

This property would best suit practical buyers who value land size over a brand-new build. It’s ideal for a growing family seeking a established community with excellent schools, or for value-conscious purchasers who see the potential in a home from the 1980s that may benefit from selective updates. It’s less suited for those seeking a modern, maintenance-free property or a compact urban lot.

Section 2: Frequently Asked Questions

1. What does the high ranking for lot size actually mean?
It means this property’s land parcel is larger than 93% of all residential lots in Winnipeg, a rare feature that provides privacy, space, and is a key contributor to its long-term value.

2. The house was built in 1986. What should I expect?
You can expect a solidly built home from that era, but systems like the roof, windows, furnace, and plumbing are at an age where inspection is crucial. This isn’t necessarily a drawback—it presents an opportunity to update these systems to your own standards.

3. How does the assessed value relate to the likely selling price?
The municipal assessment of $567,000 is for tax purposes and is typically below market value. The actual selling price will be determined by current market conditions, the home’s updated features, and buyer demand for this specific location and lot size.

4. Is the finished basement included in the 1,969 sqft living area?
Typically, municipal living area (square footage) calculations do not include below-grade spaces, even if finished. The 1,969 sqft likely refers to the above-ground two storeys, with the finished basement providing additional bonus space.

5. The rankings show the house is newer than only 13% of homes on its street. Is that a concern?
This indicates Bramble Drive is a street of older, well-established homes. This often translates to a stable, settled community with mature landscaping. The focus here is on the enduring value of the location and land, rather than the relative age of the structure compared to its immediate neighbours.