Property Overview: 34 Harrogate Bay, Winnipeg
This well-established two-storey home in Betsworth presents a compelling opportunity for buyers seeking space, value, and a mature neighbourhood setting. Built in 1994, it sits on a large, approximately 7,000 sqft lot and offers over 2,000 sqft of finished living space, including a developed basement. Its standout characteristic is its consistent ranking above the majority of comparable homes in nearly every metric—from lot size and living area to assessed value—indicating a property that outperforms its local market. The appeal lies in this combination of above-average substance and a price point that, while premium for the immediate area, represents significant value city-wide. It particularly suits growing families or those looking to upsize into a spacious, turn-key home without venturing into newer, more peripheral subdivisions. A thoughtful perspective is that homes of this vintage often feature more generous room proportions and landscaping maturity than newer builds, while the strong rankings suggest it's a resilient asset within its community, likely holding its value well.
Key Details & FAQs
- Key Characteristics: 2,073 sqft two-storey with finished basement. Large 6,957 sqft lot. Attached garage. Built in 1994.
- Primary Appeal: A spacious, solidly built family home in a mature neighbourhood, with quantifiable advantages in size and value over most local and city-wide comparisons.
- Ideal For: Growing families or upsizers seeking established community charm, ample indoor and outdoor space, and a home with strong market fundamentals.
Frequently Asked Questions
1. How does the property's assessed value compare to its last sale price?
The home was last purchased in January 2021 for $595,000. The current assessed value is $670,000, which reflects market growth and is ranked in the top 4% of all Winnipeg homes for assessed value.
2. What do the ranking percentages actually mean for a buyer?
They are a competitive benchmark. For example, ranking in the top 17% in Winnipeg for living area means the home is larger than 92% of city homes. This data suggests you are getting more physical space and land for your investment compared to the vast majority of alternatives.
3. Is the basement included in the 2,073 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The basement is noted separately as "有,已装修" (present and finished), meaning it provides additional, usable space beyond the main 2,073 sqft.
4. The home is 32 years old. What should I consider?
A home of this age is likely past any major initial settling or warranty issues. The focus for inspection would be on the expected lifecycle updates for systems like the roof, windows, HVAC, and plumbing, which may be due for replacement or upgrading. This can be an opportunity to customize with modern efficiencies.
5. The lot is large. What are the implications?
A nearly 7,000 sqft lot offers excellent outdoor space for gardening, play, or entertainment. It also provides a greater sense of privacy than newer, tightly packed subdivisions. Buyers should consider that while offering more potential, it also entails more maintenance (lawn care, landscaping) compared to a smaller yard.