Property Overview: 229 Scotswood Drive S
Key Characteristics & Appeal
This is a well-established, single-family home in the Betsworth area of Winnipeg, built in 1985. Its primary appeal lies in its generous, mature 6,164 sqft lot and its solid, above-average positioning within the broader market. The home offers 1,539 sqft of living space, a fully finished basement, and an attached garage.
The data suggests a property that outperforms most Winnipeg homes in key metrics like lot size, assessed value, and living area. It’s notably newer than most houses in its immediate neighborhood and on its street, which can be an advantage for systems and maintenance. The appeal is one of space, stability, and relative modernity for its area. It would suit buyers looking for a established neighborhood character, a sizable yard for gardening or family play, and a home that presents a strong, competitive value proposition compared to the wider city—without being a brand-new build. It’s a practical choice for those who value data-backed performance in lot size and condition over a downtown or ultra-modern location.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, being newer than 82% of houses on its street indicates it’s one of the more recently built homes in that specific location, which can be a positive for roof, windows, and major systems.
2. The home was last sold in 2016. What does that history imply?
The eight-year ownership period suggests stability and likely consistent upkeep. It indicates the sellers weren’t flipping the property quickly, which often points to a well-maintained home lived in as a primary residence.
3. How should I interpret the assessed value versus the 2016 sale price?
The current assessment of $492,000 is significantly higher than the 2016 sale price of $400,000. This reflects market-wide appreciation over the past eight years and the city’s valuation of the property. The sale price will be determined by current market conditions, but the assessment is a strong benchmark.
4. Is the finished basement included in the 1,539 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional, valuable living space that adds functional square footage for recreation, guests, or hobbies, but is separate from the official listed living area.
5. The lot is large, but what about the home’s size relative to neighbors?
While the lot is very competitive, the living area ranks slightly lower than its lot-size ranking. This means you’re getting a very spacious yard relative to the house itself. For some buyers, this is ideal for outdoor space; others might wish for a larger interior footprint. It highlights the property’s strength as a land value.