20 Horseshoe Bay

Property Overview

This 1981-built, one-storey home in Betsworth sits on a generous, mature lot of over 10,500 sqft. Its key appeal lies in its established setting and above-average footprint relative to many Winnipeg properties. With 1,366 sqft of living space, a finished basement, and an attached garage, it offers practical, single-level living. The data suggests a property that outperforms most of the city in terms of lot size (top 5%) and assessed value (top 16%), indicating a well-regarded location and solid underlying value. It particularly suits buyers looking for a quiet, spacious yard in an established neighborhood, who prioritize layout efficiency over a brand-new build, and who see value in a home with a proven history of maintenance and community stability.

Key Considerations & FAQs

1. What is the significance of the lot size rankings? Ranking in the top 5% city-wide for lot size is a standout feature. It offers rare space for gardening, recreation, or future additions, a commodity increasingly hard to find in mature neighborhoods.
2. The home is 45 years old. What should I anticipate? While systems like the roof, windows, and furnace may have been updated, their age and service history will be a key inspection point. The upside is that older homes in such areas often feature more robust construction and mature, private landscaping.
3. How does the living space compare to the neighborhood? At 1,366 sqft, it's slightly above the neighborhood median. This suggests a comfortable size for the area, but the layout and flow of the main floor and finished basement will be more important than square footage alone.
4. What does the high assessment value ranking indicate? An assessment value ranking in the top 16% in Winnipeg often reflects a combination of lot desirability, home condition, and the area's overall market stability. It's a positive signal but should be considered alongside recent comparable sales.
5. Is this a good "value" purchase? The data points to a property that is not a fixer-upper but a maintained home in a competitive segment. Its value proposition is the large lot and established community rather than a discount price. It's suited for those who view the land as a long-term asset and appreciate a home with character.