Varsity View
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Rank by area, larger = better rank
Rank by year, newer = better rank
Property Overview
This 1988-built, one-storey home on a large 6,540 sqft lot in Varsity View offers a practical and spacious family living environment. Its key appeal lies in its generous, flat lot—a significant asset in a mature neighbourhood—and its above-average living space of 1,627 sqft. The home features an unfinished basement and an attached garage, presenting a straightforward layout with clear potential for future customization.
The property is best suited for buyers who value space and potential over immediate turn-key finishes. It’s an ideal project for a handy homeowner looking to add value through renovations, or for a growing family seeking a large yard in a well-established community. The home’s competitive rankings for lot size and living area across Winnipeg suggest it offers more physical space than many properties, a tangible advantage that isn't always obvious when focusing solely on the house itself.
Key Questions for Consideration
What do the rankings actually mean for me?
They indicate the home’s relative standing. For instance, ranking in the top 22% of Winnipeg for lot size means you're getting a larger-than-average property, which is a permanent advantage. However, its lower ranking on assessed value within the street suggests it may be viewed as needing updates compared to immediate neighbours.
Is the unfinished basement a drawback or an opportunity?
This is entirely dependent on the buyer. It requires investment to finish, but it also provides a blank slate to create exactly the space you need—a legal secondary suite, a dedicated workshop, or extra living areas—without having to undo someone else’s work.
How does the 1988 build year affect the home?
Homes from this era often have modern fundamentals like standard insulation and wiring, but major components (roof, windows, furnace) may be nearing or past their typical lifespan. A thorough inspection is crucial to understand upcoming capital expenses.
Who would this property not suit?
It may not be the best fit for those seeking a low-maintenance, move-in-ready home without renovation projects. Similarly, buyers with mobility concerns may prefer a home with a finished main-floor primary suite, which this layout may not offer.
What’s the real value of the lot size here?
Beyond just a big yard, a lot of this scale in a mature neighbourhood provides long-term flexibility. It allows for substantial landscaping, gardening, adding a deck or shed, and even future expansions like a sunroom or garage addition, subject to local bylaws.
Address · Distance
Address · Assessed Value