Property Summary: 17-110 Scotswood Drive
Key Characteristics & Appeal
This is a compact, 728 sqft condo unit built in 1978, located in the Betsworth area of Winnipeg. Its primary appeal lies in its exceptional value and competitive positioning within its immediate community. The property ranks in the top 1% of its street and the top 0% of its entire neighborhood and city for its overall value proposition, suggesting it is one of the most affordable entry points in the area. With an assessed value of $134,000 and no basement or garage, it represents a low-maintenance, cost-effective housing solution.
The unit would best suit first-time buyers, investors, or downsizers seeking minimal upkeep and a financially accessible foothold in the market. Its strong rankings indicate it appeals to those prioritizing budget and location over space and modern features. A thoughtful perspective: while the living area is modest (ranking in the lower third for size), its standout value rankings could make it a strategic purchase for someone building equity to trade up later, or for an investor looking for a stable, low-cost rental property in a well-established neighborhood.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this specific unit against others on its street, in Betsworth, and across all of Winnipeg. For example, being in the "top 0%" for value in the community means its assessed price is lower than virtually all other properties, highlighting its affordability.
2. Is the condo fee information available?
The provided details do not include the monthly condo fee. This is a critical piece of information for budgeting and must be obtained directly, as it covers shared expenses and impacts the total monthly cost.
3. What are the implications of a 48-year-old building?
Built in 1978, the building is well-established. Potential buyers should inquire about the status of the reserve fund and any recent or planned major repairs (like roofing, windows, or plumbing) to understand future special assessment risks.
4. The living space is smaller than average. How might that affect resale?
At 728 sqft, the unit is compact. This limits its appeal to smaller households but also ensures its ongoing status as an affordable option, which can be a consistent selling point in the market.
5. There's no garage or basement. What are the storage options?
The listing confirms no private garage or basement storage. Buyers should ask if there is a dedicated storage locker in the building or secured bike storage, and should consider the practicalities of parking and storing personal items without these spaces.