Property Overview
15 Selwood Avenue is a well-established, single-storey home in Winnipeg's Betsworth neighbourhood. Built in 1976, its primary appeal lies in its generous, nearly 6,000 sqft lot—a significant size that offers ample outdoor space and ranks in the top tier for its street. The home itself is a practical 1,262 sqft layout with a finished basement, positioned as a solid, move-in-ready option rather than a luxury property. Its value proposition is grounded in space and stability: it offers more land than most comparable homes, in a mature community, with the work of a basement finish already complete.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It’s also a candidate for buyers who prioritize a quiet, established street and see potential in the large lot for future gardening, play, or expansion, rather than needing immediate high-end finishes. The rankings indicate it’s a competitively sized home for the area, but its assessed value is modest relative to its lot size, which may appeal to value-conscious purchasers.
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 Winnipeg. For example, its land size surpasses 93% of homes on Selwood Avenue, meaning it has one of the largest lots on the block. This is its strongest competitive advantage.
2. Is the finished basement included in the 1,262 sqft living area?
No, the 1,262 sqft figure typically refers to above-ground living space. The finished basement is an additional area, adding functional space like a recreation room or extra bedrooms.
3. What are the implications of a home built in 1976?
Homes from this era often feature practical layouts and solid construction. Buyers should budget for potential updates to original components, such as windows, roofing, or the heating system, which may be nearing the end of their serviceable life.
4. There’s no garage. How is parking handled?
The listing does not specify a dedicated garage. Parking is likely via a driveway. Prospective buyers should verify the driveway's capacity and if there are any municipal permits or restrictions for street parking.
5. The assessed value ranks lower than the size rankings. What does this indicate?
This suggests the municipal assessment reflects a value that is moderate compared to the home's physical attributes (like its large lot). This can sometimes point to a more basic interior condition or original features, highlighting the property as a potential "good bones" home where value is derived from the land and structure rather than high-end renovations.