Property Overview: 11 Moorstead Bay, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in the Betsworth area, built in 1984. Its primary appeal lies in its generous scale and mature setting. The nearly 11,000 sqft lot is a standout feature, placing it in the top 5% of all Winnipeg properties for land size, offering exceptional outdoor space and privacy. The home itself, at 1,929 sqft of living space, is larger than approximately 89% of Winnipeg homes and includes a finished basement. While its age means some systems may be due for updates, the property’s overall footprint and room for potential customization are significant assets.
The home would best suit buyers looking for a long-term family home with ample room to grow, garden, or entertain. It’s ideal for those who value space over newness and are comfortable with a property that may benefit from selective modernization. The strong rankings within its community for lot size, value, and overall size suggest a solid, desirable location. This isn't a turn-key modern showcase, but a property with excellent foundational qualities—land, space, and location—that a buyer can shape over time.
Frequently Asked Questions
1. What does the "ranking" information mean?
The rankings compare this property against others on its street, in its community, and across all of Winnipeg for specific metrics like lot size or assessed value. For example, being in the "top 5%" for lot size in Winnipeg means 95% of properties have less land. It's a quick way to gauge its relative strengths.
2. The home was built in 1984. What should I consider?
While the home has been maintained, its age suggests key components like the roof, windows, furnace, or plumbing may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and plan for any updates, which should be factored into your budget.
3. How does the finished basement affect the living space?
The 1,929 sqft living area likely includes the finished basement. It adds valuable flexible space for recreation, guests, or a home office, but it's important to clarify the ceiling height, layout, and quality of the finish to understand its full utility and value.
4. The lot is very large. What are the implications?
A lot of this size (over a quarter-acre) offers great potential for gardening, play, additions, or even future subdivision (subject to zoning). However, it also means higher maintenance—more lawn to care for, more landscaping—and potentially higher property taxes relative to similar-sized homes on smaller lots.
5. Why is the assessed value ranking higher than the living area ranking?
The assessed value is in a higher percentile than the living area, meaning the property is considered more valuable relative to other homes than its square footage alone would suggest. This is likely due to the combined value of its very large lot, desirable location within Betsworth, and the finished basement.