Property Overview: 27 Yager Cove, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Betsworth, built in 1989, presents a compelling blend of space, established charm, and relative value. Its key characteristics include a generous 1,905 sqft of living space, a fully finished basement, and a notably large lot of over 6,700 sqft—a rarity that offers ample outdoor privacy and potential. The home's appeal lies in its balanced position: it is a well-sized, move-in-ready family home in a mature neighbourhood, without the premium price tag of newer constructions. The data suggests it outperforms most of Winnipeg in terms of lot and living space, offering more room for the dollar.
This property would suit practical buyers looking for established community roots and space to grow. It’s ideal for a family that values a large, private yard over a brand-new build, or for someone seeking a home with solid square footage where they can put their own stamp on updates over time. A less obvious perspective is its appeal to value-oriented buyers who understand "sweat equity"; the 1989 build date means major components are likely original but approaching replacement age, which can be a negotiation point for a buyer prepared to invest in strategic modernizations.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The home’s assessed value ranks highly within both the broader community and Winnipeg, placing in the top 15-20% for comparable properties. This indicates the municipal assessment views it favorably relative to the market.
2. Is the lot size a significant advantage?
Yes. At over 6,700 sqft, the lot size is a standout feature, ranking in the top 20% city-wide. This provides exceptional outdoor space for gardening, recreation, or future additions like a deck or shed, which is increasingly hard to find.
3. What does the 1989 build year mean for maintenance?
A home of this age is typically past its first generation of appliances and major systems. Prospective buyers should budget for potential updates to items like the roof, windows, or HVAC, but this is balanced by the character and established landscaping of an older neighbourhood.
4. Who might the finished basement suit?
The finished basement adds valuable flexible space, ideal for a growing family needing a recreation room, home office, or separate area for teenagers. It effectively increases the usable living area beyond the already generous main footprint.
5. How stable has the home’s value been?
The 2019 sale price was significantly below the current assessment, suggesting strong market appreciation over the last five years. This trend, coupled with its high assessment rankings, points to a property holding and increasing its value well within its established community.