Property Overview
This two-storey home at 23 Moorstead Bay offers a blend of established neighbourhood character and above-average space. Built in 1985, its key appeal lies in its generous proportions on a large lot. With over 2,500 sqft of living space and a finished basement, it provides ample room for a growing or multi-generational family. The property stands out in its Betsworth community, ranking in the top tier for both size and assessed value compared to neighbours. Its lot size of nearly 7,500 sqft is a significant asset, offering potential for gardening, play, or expansion. The home would suit buyers looking for a substantial, move-in-ready house in a mature area, who prioritize interior space and a sizable yard over a brand-new build. A thoughtful perspective is its balanced positioning: it offers more space than most local homes without the premium price of a newer property, representing a practical value proposition for those seeking room to grow.
Frequently Asked Questions
1. How does the 1985 build year affect the home?
While not new, the home is newer than a majority in its immediate area and community. Buyers should expect the maintenance and potential updates typical of a well-kept 40-year-old home, balanced by the established landscaping and settled neighbourhood feel.
2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, ranking "in the top 14%" in Winnipeg for size means it is larger than 97% of city homes, highlighting its above-average spaciousness as a key feature.
3. The last sale was in 2016 for $485,000. Is the current assessment realistic?
The assessed value of $611,000 reflects market growth and improvements over eight years. It ranks highly against local homes, suggesting the assessment aligns with its premium position within the community, though the final market price is determined by buyer competition.
4. Is the finished basement included in the 2,514 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional square footage for recreation, guests, or a home office separate from the main living floors.
5. What is the significance of the lot size?
At 7,479 sqft, the lot is substantially larger than many in urban settings. This not only provides privacy and outdoor space but also represents long-term value, as land size is a fixed commodity that can offer future potential.