Property Overview
This two-storey home on The Bridle Path in Betsworth offers a well-established and spacious family living environment. Built in 1981, its key characteristic is its generous 1,996 sqft of living space, which ranks within the top 10% of homes across Winnipeg for size. The property sits on a nearly 5,000 sqft lot and features a finished basement and an attached garage. Its appeal lies in its above-average footprint for the city, providing ample room in a mature neighbourhood. The home shows strong relative value in its immediate area, ranking highly for its lot size, assessed value, and building age within its own street and community.
This property would best suit practical buyers looking for move-in-ready space without the premium of a brand-new build. It's ideal for a growing family who values interior square footage and a sizable yard over a brand-new or recently renovated home. The strong rankings for assessed value suggest it is a financially sensible option within its neighbourhood context, appealing to value-conscious buyers seeking established community roots.
Frequently Asked Questions
1. How does the age of the home (45 years) impact a purchase decision?
While not new, the home ranks newer than 73% of properties in its community, meaning the area itself is well-established. Buyers should budget for expected maintenance and updates on major aging components like the roof, windows, or HVAC, but can be reassured the structure is not among the oldest in the vicinity.
2. The home ranks highly for size locally, but lower city-wide for lot size. What does this mean?
The property's lot is larger than most on its street and in Betsworth, offering good outdoor space for the immediate area. However, compared to all of Winnipeg, it falls around the middle, indicating it's a standard suburban lot rather than an exceptionally large one—a good balance for manageable upkeep.
3. What do the competitive rankings for assessed value indicate?
Ranking higher than 74% of homes in the community for assessed value suggests the municipal assessment views this property favorably compared to its neighbours. This can be a marker of stable value and may provide a reasonable baseline for market price, though final sale price is always market-driven.
4. Is the finished basement included in the listed living area?
Typically, municipal living area (sqft) calculations do not include below-grade space, even if finished. The 1,996 sqft likely refers to above-ground living space only, with the finished basement providing additional bonus rooms or recreational space.
5. The street rank for "land area" seems low. Is the lot small for the street?
Interestingly, no. The ranking states it surpasses 4% of other homes on the street, meaning it is actually larger than most of its direct neighbours (ranking 54 out of 56, where a lower number is better). This indicates it is one of the larger lots on The Bridle Path itself.