Property Overview & Key Characteristics
This property at 26 Civic Street is a spacious, well-established home in the Betsworth area of Winnipeg. Built in 1991, it is a two-storey home with over 2,100 sqft of living space, situated on a large, approximately 10,000 sqft lot. It features an attached garage and an unfinished basement. The home's appeal lies in its generous proportions, both indoors and out, offering room to grow and landscape. Its competitive rankings—consistently in the top 25% and often the top 10% for size, value, and age within its immediate area—highlight a property that stands out in its neighbourhood for space and perceived value.
This home would suit buyers looking for a mature property with ample room, whether for a growing family, hobbies, or gardening. It’s ideal for those who prefer a home with established character in a settled community over a new build, and who see potential in customizing an unfinished basement to their own needs. A less obvious perspective is its appeal to value-conscious buyers who prioritize lot size and living space over turn-key finishes, understanding that the unfinished basement is a blank canvas rather than a drawback.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on the same street, in the wider Betsworth community, and across all of Winnipeg. For example, being newer than 95% of houses on its street and larger than 94% of homes in Winnipeg indicates it is a notably spacious and relatively modern property in its local context.
2. Is an unfinished basement a pro or a con?
This depends on the buyer. It’s a con for those wanting immediate, finished living space. However, it’s a significant pro for buyers who want to customize the space to their exact specifications (like a home theatre, workshop, or suite) without paying a premium for someone else’s finished layout, which may not suit their needs.
3. Who might this property NOT suit?
It may not suit buyers seeking a low-maintenance, completely updated home, as a 35-year-old property will likely require ongoing upkeep and may need updates. It’s also less ideal for those who don’t want the responsibility or cost of maintaining a large lot.
4. How significant is the lot size?
At over 10,000 sqft, the lot is a major feature. It provides exceptional outdoor space for recreation, gardening, or future additions like a deck or shed. This is increasingly rare and offers privacy and potential not found on newer, more densely packed subdivisions.
5. What’s the significance of the assessment value?
The $579,000 assessment is a government valuation for tax purposes and is a useful benchmark. Its high percentile ranking suggests the property is assessed as more valuable than most in the city. However, market conditions ultimately determine the sale price, which can be higher or lower than this figure.