Property Overview

This 1959-built one-storey home in Varsity View presents a compelling opportunity centered on space and location. Its primary appeal lies in the combination of a very large, 12,126 sqft lot—a rarity within the city—and a move-in-ready layout featuring a finished basement. With nearly 1,200 sqft of living space above grade, it offers practical single-level living. The property ranks highly for its lot size, placing in the top 3% across Winnipeg, which suggests exceptional outdoor potential and long-term value. Its overall assessment value sits comfortably above the Winnipeg median.

This home would suit buyers looking for a solid, no-fuss bungalow with room to grow, whether that's for gardening, family play, or future expansion. It's ideal for those who value a spacious yard over a newer build, and for owners who appreciate the established, tree-lined character of the Varsity View neighborhood with the convenience of nearby amenities and the university.

Frequently Asked Questions

1. How does the age of the home (1959) impact its condition and potential costs?
While the home is well-maintained with a finished basement, being 67 years old means prospective buyers should budget for updates to major aging components, such as the roof, windows, or plumbing. A thorough inspection is essential to prioritize any necessary repairs.

2. What are the real advantages of such a large lot?
Beyond simple outdoor space, a lot of this size (ranking in the top 3% in Winnipeg) offers rare flexibility. It provides ample privacy, room for significant landscaping or gardens, potential for additions like a large shed or workshop, and represents a long-term investment in a scarce asset—land—in a central neighborhood.

3. The home ranks lower for its "newness." Is this a concern?
Not necessarily. This ranking reflects the age of the home itself, not its condition. Many buyers seek out bungalows from this era for their solid construction, simple floor plans, and the opportunity to customize renovations over time to their own taste, rather than paying a premium for recent but potentially generic updates.

4. What is the significance of the "split" or "分体车库" listed?
A split garage, typically a double garage separated by a support wall in the middle, is a common feature in homes of this period. It provides two separate single bays, which can be useful for workshop separation or storing a vehicle alongside lawn equipment, but may not accommodate wider modern vehicles or larger SUVs as easily as an open double garage.

5. How does the finished basement affect the total usable living space?
The listing specifies 1,196 sqft of living area, which typically refers to the above-grade main floor. The finished basement adds significant additional functional space for recreation, guests, or storage, effectively doubling the home's usable area, though this added square footage is not always included in official living area calculations.