Property Overview: 22-100 Scotswood Drive, Winnipeg
Key Characteristics & Appeal
This 1978-built home in Betsworth offers a practical, no-frills living space of 937 sqft without a basement, garage, or pool. Its standout feature is its exceptional competitive positioning within the broader market. The property ranks in the top 1% of its street, the top 0% of its neighborhood, and the top 0% of all Winnipeg for its land area, suggesting a lot size that is a significant asset relative to its peers. This creates a compelling value proposition centered on land potential.
The appeal lies in this strong land value foundation paired with a modestly-sized, older home. It suits buyers looking for an affordable entry point into the market—such as first-time homeowners or investors—who are comfortable with a property that may require updates. It is particularly suited for those who see potential in the land itself, whether for future expansion, gardening, or simply securing a larger-than-average plot in the city. The very high rankings indicate that while the house itself is average for its immediate street, the package it represents is rare and competitive on a wider scale.
Frequently Asked Questions
1. What does ranking in the "top 0%" for land area actually mean?
It means this property's land size is larger than 100% of comparable listings in its neighborhood and all of Winnipeg, making it a uniquely sizable lot for the price point.
2. The house ranks lower for living area and assessed value. Is this a concern?
Not necessarily. This pattern is common for older homes on generous lots. The lower interior space and assessment reflect the age and modest build of the house itself, while the high land ranking highlights the underlying property value.
3. Who would benefit most from this property's specific profile?
Buyers with a vision for the land, such as those planning a future addition or who prioritize outdoor space over a large, modern interior. It's also a strategic buy for an investor considering a future rebuild or hold based on land appreciation.
4. There's no basement or garage. How does this impact livability and value?
It simplifies maintenance and reduces areas for potential moisture issues, but it also limits storage and utility space. This trade-off contributes to the affordable price and appeals to those seeking a straightforward, single-level living arrangement.
5. The build year is 1978. What should I be mindful of?
As with any home nearly 50 years old, a thorough inspection is essential. Key systems like roofing, plumbing, electrical, and insulation may be at or beyond their typical lifespan and could require attention or updating.