Property Summary: 19-100 Scotswood Drive, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, no-frills home built in 1978, offering 937 sqft of living space. Its standout feature is its exceptional competitive position within its surroundings. The property ranks in the top 1% of its street and the top 0% of its entire community and Winnipeg for its lot size, indicating a very generous or advantageously configured parcel of land relative to its neighbors. This presents a rare opportunity to own a property that is genuinely larger than almost everything around it.
The appeal lies in this strong foundational value and the potential it unlocks. While the house itself is modest in size and age, the superior land ranking suggests room for future expansion, gardening, or simply enjoying more private outdoor space than is typical for the area. It would perfectly suit a first-time buyer, an investor, or a practical homeowner looking for a value-oriented entry into the Betsworth community. This buyer values the long-term asset of the land over immediate luxury, sees potential in a solid older home, and appreciates having a property that stands out in a key metric among its peers.
Frequently Asked Questions
1. What does ranking in the "top 0%" for land area actually mean?
It means this property's lot size is larger than 100% of the compared homes in its community and all of Winnipeg within this dataset. Essentially, it has one of the largest lot sizes relative to its immediate and city-wide peers.
2. The house seems modest compared to the land ranking. Is this a teardown candidate?
Not necessarily. While the land offers clear potential, the home appears livable and may be ideal for those wanting to move in now and renovate or expand later. The data suggests you're primarily buying the land's value and rarity.
3. There's no garage or basement. How significant is this?
This limits storage and utility space, which is a trade-off for the land value. Buyers would need to consider solutions like a shed or on-site parking. It emphasizes the property's focus on outdoor space over enclosed square footage.
4. The build year is 1978. What should I be aware of?
Homes of this era may have original components nearing the end of their service life, such as roofing, windows, or the heating system. A thorough inspection is crucial to budget for any necessary updates.
5. The assessment value seems low relative to the high rankings. Why?
Municipal assessments for tax purposes often lag behind market values and may not fully capture the premium value of a uniquely large lot in a established neighborhood. The market price is likely to reflect this desirability more closely than the tax assessment.