Property Overview: 19 Yager Cove, Winnipeg
Key Characteristics & Appeal
This two-storey home in Betsworth sits on a substantial, mature lot of over 10,000 square feet, a rare find that places it in the top tier of properties in Winnipeg for land size. Built in 1989, the house offers a generous 2,014 sqft of living space. Its key appeal lies in its established setting and relative value within a sought-after community. The property ranks highly for its lot size, age, and living area compared to most of Winnipeg, suggesting a well-positioned home in a mature neighbourhood.
The home would particularly suit buyers looking for space and potential. The large lot is ideal for gardening, outdoor recreation, or future expansion, while the unfinished basement presents a clear opportunity for customization. It’s a property for those who value the character and stability of an established area over a brand-new build, and who are comfortable with a home that has a solid foundation but may require personal updates or finishing touches over time. A thoughtful perspective is that this property offers "established equity" in the form of its land and location—assets that are increasingly scarce—while leaving the interior finishes to the buyer's taste and timeline.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking in the top 6% in Winnipeg for lot size means the property is larger than 94% of homes in the city, a significant advantage.
2. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers a blank canvas. Buyers can customize the space to their exact needs—whether for a suite, home theatre, or gym—without needing to undo previous renovations.
3. The home is 37 years old. What should I consider?
An older home in a mature neighbourhood often means well-established landscaping and community. However, a thorough inspection is crucial to understand the condition of major aging components like the roof, windows, and HVAC system, which may be nearing their lifecycle.
4. There's no garage. Is that common for the area?
The rankings indicate the property surpasses most in its community for size and age, but not having a garage is a trade-off. Buyers should assess if the large lot provides space to add a garage or if street parking is sufficient for their needs.
5. How does the assessment value relate to the listing price?
The municipal assessment of $537,000 is for tax purposes and is typically calculated from past market data. The listing price will be set based on current market conditions, recent sales of comparable homes, and the seller's strategy, so it may differ.