Property Summary: 18 Speyside Avenue
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1975, situated on a generous, nearly 6,000 sqft lot in the Betsworth neighbourhood. Its key features include a fully finished basement and a practical, single-level layout with 944 sqft of living space. The home's primary appeal lies in its solid value proposition: it offers ample outdoor space and a move-in-ready condition without a premium price tag, as reflected in its assessment value. It ranks highly for its lot size within Winnipeg, suggesting a desirable property footprint that is increasingly rare.
The property would suit first-time buyers seeking an affordable entry into the market with room to grow, or downsizers looking for a manageable, no-stairs layout on a private lot. Its strong lot-size ranking versus its more modest rankings for living space and building age presents a thoughtful trade-off: you are investing significantly in the land itself, which holds long-term value, while the house represents a functional and economical living space. The absence of a garage may be a consideration for some, but the large lot offers potential for adding one or other outdoor amenities.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Betsworth, and across all of Winnipeg. For example, its lot size is in the top 32% city-wide, which is a major strength. The home's age and living area are more common, indicating a typical, budget-conscious home for its era, but on a better-than-average parcel of land.
2. Is the finished basement included in the 944 sqft living area?
No, the 944 sqft refers to the above-ground living area of the main floor. The finished basement provides additional, valuable space that is not counted in that official figure.
3. What is the significance of the assessment value being higher than many neighbours?
The assessment value is used for property tax calculation and often correlates with market value. It being higher than 85% of homes in the community suggests the municipal assessor views this property—likely due to its lot size, condition, and improvements—as above average for the area, which can be a positive indicator of its worth.
4. With no garage, where is parking available?
The listing does not specify a driveway, but the large lot size typically allows for onsite parking. Prospective buyers should verify the exact parking situation, including the potential to create a dedicated parking pad or future garage.
5. How might the home's age affect maintenance?
Built in 1975, major components like the roof, windows, and mechanical systems (furnace, electrical) may be at or beyond their typical lifespan. A thorough home inspection is essential to budget for any necessary updates, though the home appears to have been kept in good condition.