Property Overview & Appeal
This 1986-built, two-storey home sits on a notably large, 7,337 sqft lot in Betsworth. Its key characteristic is a balance of established maturity and above-average space, both indoors and out. With 1,645 sqft of living space, it offers more room than most homes in Winnipeg. The property's appeal lies in its generous, private yard—a rarity in newer subdivisions—and its solid position within a mature neighbourhood. The home suits practical buyers looking for a long-term foundation; those who value land size over a turn-key finish, as the basement awaits the owner's vision. It's ideal for a growing family seeking room to play and expand, or for someone who appreciates the stability of an established area with larger lot sizes that are increasingly hard to find.
Key Questions for Consideration
1. What does the "unfinished basement" actually entail?
It's a blank canvas with full height and proper foundation, but requires insulation, walls, flooring, and finishing to become livable space. This is a significant project but also a major opportunity to add value and customize the home to your needs.
2. The house is 40 years old. What should I budget for maintenance?
While the structure is proven, key systems like the roof, windows, furnace, and plumbing are at an age where inspection is crucial. Budgeting for proactive updates or repairs should be part of your financial planning.
3. How does the lot size compare practically?
At over 7,300 sqft, the lot is substantially larger than average. This means more privacy, space for gardens, play structures, or future additions like a deck or shed. It also implies more yard maintenance.
4. The rankings show it's newer than most on its street. What does that mean?
Being built in 1986 makes it one of the newer homes in its immediate area, suggesting it may have more modern construction basics than some neighbours. However, the core neighbourhood amenities and tree canopy are well-established.
5. Why is the assessed value a key data point here?
The assessment ($481,000) is close to or exceeds most neighbouring homes, reflecting the premium placed on the large lot and living space. It's a strong indicator of the property's underlying value in the municipal tax system, which is a useful benchmark.