Property Overview
This 1981-built, one-storey home on a generous 6,590 sqft lot in Betsworth offers a practical and established living environment. Its key appeal lies in a balance of space, location, and value. The 1,222 sqft layout includes a finished basement, providing flexible living or storage space, and is complemented by an attached garage. The property's standout feature is its lot size, which is larger than over 80% of homes on its street, offering notable outdoor potential in a mature neighbourhood.
Its value proposition is grounded in solid rankings: it sits in the top 21% of all Winnipeg homes for lot size and the top 27% for assessed value, suggesting a well-regarded location and property fundamentals. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space, or an investor attracted by the stable metrics and the potential of a finished basement.
A few less obvious points: the home's age (45 years) means maintenance considerations are key, but it also places it as newer than nearly 75% of homes in its community, indicating a relatively younger streetscape. While the interior living area is modestly sized compared to the street, the significant lot size offers a compelling trade-off for those prioritizing outdoor space over expansive square footage indoors.
Frequently Asked Questions
1. What is the neighbourhood like?
The home is in Betsworth, a mature Winnipeg community. The property ranks highly within its own street for lot size and age, suggesting a well-established area with a mix of long-term residents and newer homes.
2. Is the basement included in the 1,222 sqft living area?
No, the 1,222 sqft refers to the above-ground living area. The home also has a separate, finished basement, which adds additional usable space.
3. How does the 2021 sale price compare to the current assessment?
The home sold for $430,000 in September 2021. The current municipal assessment is $444,000. This indicates a stable value trajectory in line with market trends over that period.
4. What are the main advantages of this property?
The primary advantages are the large lot (ranking in the top 21% in Winnipeg), the convenience of a single-level layout with a finished basement, and its strong relative rankings for assessed value and lot size within its immediate area.
5. What should a potential buyer consider?
A buyer should factor in that the living area is more compact compared to others on the street, making the layout efficiency important. The home's age warrants a thorough inspection, though it is newer than most in the broader community. The high lot size ranking is a major asset for privacy, gardening, or future outdoor projects.