Property Overview: 3 Speyside Avenue, Winnipeg
Key Characteristics & Appeal
This 1976-built, one-storey home in Betsworth sits on a large, quiet lot over 7,600 sqft. Its key features include a fully finished basement, a split garage, and a practical 1,262 sqft of living space. The appeal lies in its established neighbourhood setting combined with strong relative value. The property ranks highly for its lot size and age within its immediate street and across Winnipeg, indicating it offers more space and is newer than many comparable homes. Its overall assessment value is competitive, positioned in the top 38% city-wide.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout without compromising on yard space. It’s also a fit for value-focused buyers who appreciate a home that stands out on its street for lot size and condition, and who see potential in a solid, updated blank canvas. The finished basement adds immediate functional space for a growing family, a home office, or a recreational room.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg. For example, ranking in the top 7% for lot size on its street means the lot is larger than 93% of its immediate neighbours, a sign of relative privacy and space.
2. Is a 50-year-old home a concern?
While systems will require due diligence, the data shows this home is newer than 93% of houses on its street and 57% in Winnipeg, suggesting the neighbourhood itself is well-established and the property is not among the oldest stock.
3. Who would benefit most from the finished basement?
Beyond extra living space, it provides immediate utility without renovation hassle. It's ideal for those needing a separate area for teens, a home gym, a rental income suite (subject to zoning verification), or simply ample storage.
4. How does the split garage differ from a double garage?
A split garage features two separate single-door openings, often with a wall between them. This can offer more flexible storage or workspace separation than a single, wide double garage.
5. The community rank for value is lower—is this a red flag?
Not necessarily. It means the home’s assessed value is higher than a smaller percentage of homes in the wider Betsworth area. This can reflect the home’s larger lot and finished condition compared to more modest properties in the same postal code. It underscores the importance of viewing value within the context of its specific street and lot advantages.