411 Laxdal Road

Property Overview

This 1968 one-storey bungalow in Varsity View offers a classic and practical home on a large, 8,151 sqft lot. Its key appeal lies in a combination of space, location, and move-in-ready condition. The home features 1,338 sqft of living space, a finished basement, and an attached garage. The property ranks highly within Winnipeg for its above-average lot size and assessed value, suggesting a solid, established presence in the market. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood, as well as value-conscious buyers who appreciate the potential of a large yard for gardening, expansion, or future redevelopment.

Key Details & FAQs

Key Characteristics & Appeal:
This is a home that prioritizes function and space over modern flash. Its strength is its substantial lot—a rare find in the city that outperforms 89% of Winnipeg properties for size—offering privacy and possibilities that newer subdivisions often lack. The appeal is grounded: a fully finished basement adds flexible living space, and its overall assessed value ranks better than 70% of homes city-wide, indicating a strong foundational investment. It suits buyers who want a character home without the extreme project status, appreciating the established trees and neighbourhood feel of Varsity View, and those who see the long-term value in land.

Frequently Asked Questions:

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, ranking in the "top 11%" for lot size in Winnipeg means the property is larger than 89% of homes in the city, a significant advantage.

2. Is the finished basement included in the 1,338 sqft living area?
   Typically, the main living area (1,338 sqft) and the finished basement are listed separately. The 1,338 sqft likely refers to the above-ground living space, with the finished basement providing additional, flexible square footage.

3. What are the implications of the home's age (built in 1968)?
   While the home is well-maintained with a finished basement, buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which is common for homes of this era.

4. Why is the lot size considered a major feature?
   A lot of this scale (over 8,000 sqft) in a central neighbourhood is increasingly uncommon. It provides ample outdoor space, greater distance from neighbours, and future potential like adding a garage, garden, or even a secondary suite (subject to zoning approvals).

5. Who would this neighbourhood, Varsity View, appeal to?
   Varsity View is a mature, established neighbourhood near the University of Manitoba. It typically appeals to those seeking a quiet, leafy community with a mix of long-term residents and academic professionals, valuing proximity to green spaces and the university campus over brand-new amenities.