Property Overview: 10 Citation Circle
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in Betsworth, built in 1980. Its primary appeal lies in its generous proportions and mature lot. With over 2,150 sqft of living space and a 10,000 sqft property, it offers significant room both inside and out, ranking in the top 10% of the community for size. The home features a finished basement and an attached garage. Its standout characteristic is its competitive positioning within the broader Winnipeg market, outperforming approximately 94% of city homes for lot size and 93% for living area. This suggests a property that is larger than the typical urban offering. The appeal is one of established comfort and space rather than modern newness. It would suit buyers looking for a classic family home with ample yard space, who value room to grow over a recently built structure, and who appreciate a property that stands out in its scale compared to most of the market.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg for specific metrics like size and age. For example, ranking in the "top 6%" for lot size in Winnipeg means 94% of city properties have a smaller lot, highlighting this as a key feature.
2. The home is 46 years old. What should I consider?
While the rankings show it's newer than many Winnipeg homes, a house of this age will have had updates over time. The condition of major systems (roof, windows, HVAC) and the extent of the basement finish would be key inspection points to understand its current state.
3. How does the assessment value relate to the asking price?
The municipal assessment of $534,000 is for tax purposes and provides a benchmark, but it is not a direct determinant of market value. The sale price will be influenced by current market conditions, the home's updated condition, and buyer demand for homes of this size.
4. What are the pros and cons of such a large lot?
The 10,000 sqft lot is a major asset for privacy, gardening, recreation, and potential additions. The consideration is maintenance: landscaping, lawn care, and snow removal require more time, equipment, or cost compared to a standard city lot.
5. The home ranks highly for size but lower for newness. What's the trade-off?
This data highlights a common choice: you are gaining above-average interior and exterior space, but within an older building envelope. The value comes from the land and square footage you acquire, with the understanding that some updates or maintenance typical for a 1980s home may be part of your future planning.