Property Overview & Key Characteristics
This 1984-built bungalow at 298 Scotswood Drive S offers a practical, single-level layout with 1,511 sqft of living space on a generous 6,271 sqft lot. Its key appeal lies in its combination of space, established location, and move-in-ready condition, featuring a finished basement and an attached garage. The home’s competitive rankings are notable: it sits in the top 26% of Winnipeg for lot size and the top 24% for assessed value, suggesting a property that outperforms many of its peers in terms of overall footprint and municipal valuation.
The property would suit first-time buyers looking for a solid, low-maintenance starter home without a major project, or downsizers seeking the convenience of a bungalow in a mature neighbourhood. Its above-average rankings for lot size and value within the broader city also make it a sensible consideration for buyers who prioritize long-term asset stability over brand-new finishes.
Frequently Asked Questions
Q: How does the home’s age affect its condition and potential costs?
A: Built in 1984, major components like the roof, windows, and HVAC system are likely at or beyond their typical lifespan. A thorough inspection is crucial to anticipate potential near-term updates, though the home’s overall rankings suggest it has been maintained competitively for its age.
Q: What do the provided rankings actually mean for me?
A: These rankings show how this property compares to others in its immediate area and across Winnipeg. For example, ranking in the top 34% city-wide for age means it is newer than 66% of Winnipeg homes, which can be a positive for its structural era and neighbourhood maturity. The high rankings for lot size and assessed value indicate strong underlying property metrics.
Q: Is the finished basement included in the 1,511 sqft living area?
A: Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, providing extra living space not reflected in that main square footage figure.
Q: The home ranks lower within its own street and community than it does across Winnipeg. Why?
A: This is a thoughtful observation. It often indicates that the immediate micro-area is particularly strong or desirable, with newer or larger homes. While the property holds its own city-wide, this dynamic suggests the local street and community offer a high standard of comparison, which can be a positive for neighbourhood quality.
Q: What is not included in this listing that I should investigate?
A: Key details not mentioned include the number of bedrooms and bathrooms, the specific finish quality of the basement, the state of the mechanical systems, and any recent renovations. These are essential points to clarify with the listing agent or during a viewing.