Property Overview
This well-established Betsworth bungalow presents a practical and comfortable family home. Its key appeal lies in being a move-in ready, single-level living space on a large, mature lot. The 1,398 sqft home, built in 1984, features a finished basement and an attached garage. Its standout characteristic is its strong relative value within the broader Winnipeg market, ranking higher in assessed value than over 80% of city properties, suggesting a solid investment in a desirable location. The home suits first-time buyers seeking a manageable layout, downsizers looking for single-storey convenience, or value-focused families prioritizing lot size and established neighborhoods over a brand-new build. A thoughtful perspective is that while the home's age places it in the newer third on its street, it may offer the ideal balance of modern-enough infrastructure without the premium price of a recent construction, leaving room for personal updates over time.
Frequently Asked Questions
1. What does the "relative ranking" data mean for this property?
The rankings compare this home to others on its street, in Betsworth, and across all Winnipeg. For example, being newer than 75% of houses on its street is a positive, while its assessed value ranking in the top 19% city-wide indicates it's in a valued area relative to its price point.
2. Is the finished basement included in the 1,398 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The finished basement is an additional bonus space, adding functional rooms like a rec room or extra bedrooms without increasing the official living area figure.
3. What are the potential considerations with a 42-year-old home?
While major systems may have been updated, a home of this age warrants a thorough inspection. Budgeting for the eventual maintenance or updating of original components—like the roof, windows, or furnace—is a prudent part of the purchase plan.
4. How does the large lot size (6,271 sqft) benefit a buyer?
Beyond simple outdoor space, a lot of this size in an established area offers significant long-term value. It provides privacy, ample room for gardening, play, or entertaining, and greater potential for future additions like a deck or shed, subject to local bylaws.
5. Who might this home not be the best fit for?
It may not suit buyers seeking a completely modern, open-concept layout without renovation work, or those who prefer a brand-new, maintenance-free property. The rankings also show it's an average-sized home for its immediate community, so buyers needing substantial above-grade space might look for larger.