Property Overview
This 1975-built bungalow at 27 Speyside Avenue offers a classic, low-maintenance living format on a generous 7,118 sqft lot in Betsworth. Its key appeal lies in a practical combination of space, location, and value. The 1,176 sqft home features a finished basement and an attached garage. Its standout characteristic is the very large lot, which provides ample outdoor space and ranks in the top 16% of all Winnipeg properties for size. While the home itself is of average size for the area, its overall assessed value ranks higher than 62% of Winnipeg homes, suggesting a well-regarded location or property condition. The bungalow style suits those seeking single-level living or easier future accessibility.
The property would particularly suit first-time buyers or downsizers looking for a manageable home with significant yard space in a mature neighbourhood. It’s also a practical candidate for value-conscious buyers who prioritize land size—a rarer find in newer subdivisions—and see potential in a solid, older home. The rankings indicate it’s a competitively sized property on its street but may benefit from updates, as its age ranks newer than only 14% of homes on the same block.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing confirms the basement is finished but does not specify the rooms or quality. Viewing is essential to see if it’s a recreational space, has additional bedrooms, and to check for any moisture issues common in homes of this era.
2. How is the property ranked so well for value?
The assessment ranks higher than many peers likely due to the combined effect of its large lot and the finished basement adding livable space. The lot size is a significant, unchangeable asset that boosts its fundamental value.
3. The home is older—what should I be concerned about?
Built in 1975, key checks should include the age and condition of the roof, windows, heating system, and electrical wiring. A thorough home inspection is highly recommended to budget for any necessary updates.
4. Is the yard usable or mostly for show?
At over 7,000 sqft, the lot has substantial practical potential. It could easily accommodate gardens, play structures, or a spacious patio. The orientation and any existing landscaping would need to be viewed to understand its best uses.
5. Why is the "within street" age ranking so low?
The ranking shows this home is older than 86% of others on Speyside Avenue, meaning most houses on the street were built more recently. This suggests the street has seen redevelopment or infill, so the character of the immediate area may be a mix of older and newer homes.