Property Overview & Key Characteristics
This 1984-built bungalow at 286 Scotswood Drive S offers a practical, single-level layout with 1,603 sqft of living space on a generous 6,271 sqft lot. Its key appeal lies in its combination of space, established setting, and relative value within the broader Winnipeg market. The home features a finished basement and an attached garage, providing functional living and storage solutions. The property ranks notably well for its assessed value and lot size city-wide, suggesting it may offer more square footage and land for the price compared to many alternatives. Its appeal is grounded in being a solid, move-in-ready family home in a mature neighbourhood, without the premium often attached to newer builds.
This home would suit first-time buyers looking for a spacious starter home with a manageable yard, or downsizers seeking the convenience of a bungalow layout without sacrificing living area. It’s a practical choice for those who value established communities with larger lot sizes over brand-new construction.
Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, neighbourhood, and all of Winnipeg for key metrics. For example, being newer than 79% of homes in its community and having a higher assessed value than 82% of homes in Winnipeg indicates a well-positioned property relative to its peers.
2. Is the finished basement included in the 1,603 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space, adding functional living or recreational rooms not reflected in that main figure.
3. What does the lot size ranking mean for me?
Ranking highly for lot size (top 26% in Winnipeg) means you're getting more outdoor space than most properties in the city. This is a significant advantage for privacy, gardening, play areas, or future additions like a deck or shed.
4. As a 42-year-old home, what should I budget for maintenance?
While the home ranks as relatively newer for its area, a proactive inspection is key. Budget for potential updates to major aging components common for this era, such as the roof, windows, or HVAC system, to ensure long-term comfort and efficiency.
5. How does the assessed value relate to the likely selling price?
The $500,000 assessment is for municipal tax purposes. The actual selling price is determined by the market and can be higher or lower. However, its high percentile rank suggests the city assesses it as a higher-value property compared to the majority of Winnipeg homes, which can be a positive indicator.