Property Summary: 15 Inverary Bay
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 proportions, both indoors and out. With over 2,000 sqft of living space, it offers more room than the vast majority of Winnipeg homes, and its large 7,495 sqft lot provides ample outdoor privacy and potential. The home features an unfinished basement and an attached garage.
The property’s value is underscored by its strong rankings: it sits in the top 14% of Winnipeg for lot size and the top 8% for living area, indicating a rare combination of substantial indoor and outdoor space for the city. While the home itself is from the 1980s, its assessed value places it well above average for the wider market. This home would best suit buyers looking for a classic family layout on a quiet street, who prioritize space over a brand-new build and see potential in personalizing a solid, enduring property. It’s an ideal canvas for someone who values the established character of a mature neighborhood and has a vision for gradual updates.
Frequently Asked Questions
1. What does the "unfinished basement" mean for me?
It provides significant, flexible storage space and the opportunity to finish it to your exact specifications, potentially adding substantial value and living area down the line.
2. The home is 42 years old. What should I be mindful of?
While the structure is proven, a thorough inspection is key to understand the current condition of major systems like the roof, windows, plumbing, and electrical, which may be nearing or past their typical lifespans.
3. How significant is the lot size?
At nearly 7,500 sqft, the lot is a major asset. It offers superior privacy, space for gardening, play, or future additions like a deck or patio, which is increasingly rare in newer subdivisions.
4. The assessment value is higher than many nearby homes. What does that indicate?
It suggests the municipal assessor recognizes the property’s above-average attributes, particularly its large lot and living area. This can be a positive indicator of underlying value, though the final market price is determined by buyer demand.
5. What are the advantages of a home from this era?
Homes from the 1980s often feature more traditional, robust construction, larger room sizes, and mature landscaping compared to many newer builds, offering a sense of solidity and established charm.