Property Overview: 18 Citation Circle
This well-established Betsworth bungalow offers a classic and spacious family living environment. Its key appeal lies in a generous 10,014 sqft lot, providing exceptional outdoor space that is increasingly rare. The home features 1,366 sqft of living space with a finished basement, presenting a solid, move-in-ready canvas. Built in 1980, it represents a mature property in a settled neighborhood.
The property ranks exceptionally well for its lot size, outperforming 94% of Winnipeg homes, which is its most standout feature. It suits buyers looking for a large yard for gardening, recreation, or future expansion, and who value space over a brand-new build. It’s ideal for families, downsizers seeking single-level living, or investors attracted by the stable Betsworth area. A thoughtful perspective is that while the interior size is average for the area, the vast lot offers a unique legacy value—a private outdoor oasis that can’t be replicated in newer subdivisions.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this property against others on the same street, in the Betsworth community, and across all of Winnipeg. For example, ranking in the "top 6%" for lot size in Winnipeg means 94% of homes have a smaller lot, highlighting a key strength.
2. What does the assessment value mean for the listing price?
The municipal assessment of $406,000 is for tax purposes and is based on past market data. The listing price will be set by the seller based on current market conditions, which can be higher or lower than the assessed value.
3. Is the finished basement included in the 1,366 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is additional living space, adding to the home’s functional footprint but not included in that official figure.
4. The home ranks lower for "newness." Should I be concerned?
A 1980 build means major components like the roof, windows, and furnace are likely at or past their typical lifespan. A thorough inspection is crucial, but this also reflects a mature, established property with a proven history.
5. What is the significance of the large lot size?
Beyond privacy and space, a lot of this scale (over 1/4 acre) offers long-term flexibility. It provides room for additions, large sheds, or landscaping projects that aren't possible on standard lots, contributing to both lifestyle and potential future value.