Property Overview & Key Characteristics

This is a classic, single-story home in the established Varsity View neighbourhood, built in 1953. Its primary appeal lies in its generous, nearly 9,000 sqft lot—a rarity that places it in the top tier of properties locally. The home itself offers 917 sqft of living space with a finished basement and features a private in-ground pool and a detached garage.

The property’s standout characteristic is its land. It offers significant space for gardening, recreation, or future expansion in a central area where such large parcels are uncommon. While the house is modest in size and of a mature age, the combination of a functional layout, a coveted amenity like a pool, and the immense lot creates a unique value proposition. This home would suit a buyer looking for a solid starter or downsizer home with exceptional outdoor potential, or an investor who recognizes the long-term value of the land itself. It’s for someone who values space and location over a modern, turn-key interior.

Frequently Asked Questions

1. How does the age of the home affect its condition and value?
Built in 1953, the home will likely require attention to aging components like the roof, windows, or plumbing. However, its assessed value is strong for its age bracket, suggesting it has been maintained. The true value driver here is the land, which appreciates independently of the structure.

2. Is the pool a benefit or a burden?
This is a key consideration. The pool is a private luxury and a major recreational asset during Winnipeg's short summers. However, it requires dedicated maintenance, adds to utility costs, and carries insurance implications. For the right buyer, it’s a standout feature; for others, it could be seen as a responsibility.

3. Who is the typical buyer for a property like this?
Likely buyers include young families or couples seeking an affordable entry into a great neighbourhood with room to grow outdoors, downsizers wanting a manageable single-level home with fantastic private garden space, or value-oriented buyers who see the potential to update the home over time while holding a premier lot.

4. The rankings show the lot size is top-tier, but the house size is below average. What does this mean?
This data highlights the property’s unique profile. You are purchasing a property whose land is among the largest in the city (top 8%), while the living space is compact and efficient. This indicates the potential lies in the outdoor lifestyle and the future possibility of expanding the home (subject to permits and zoning).

5. What is the neighbourhood like, and what are the practical benefits?
Varsity View is a mature, tree-lined neighbourhood near the University of Manitoba. It offers stability, established community amenities, and convenient access to academic and recreational facilities. The large lot provides a surprising degree of privacy and tranquility within this central setting.