Property Overview
This 1979 two-storey home on a large, 5,461 sqft lot in Betsworth offers a distinct blend of space, established character, and recreational potential. Its key appeal lies in its generous 2,404 sqft of living area, which ranks in the top 5% of homes on its street and top 4% within the broader community, providing ample room for a growing family or those who value spacious interiors. The finished basement and a private, in-ground swimming pool add significant lifestyle and entertainment value, creating a personal retreat during Winnipeg's summers.
The property suits buyers looking for a well-sized, established home in a mature neighbourhood, who prioritize indoor and outdoor living space over a garage. It’s particularly fitting for those who appreciate a home with a proven history of value retention, as evidenced by its steady 2022 sale price and current assessed value. A thoughtful perspective is that while the home is older, its construction year is newer than most on its street (ranking in the top 11%), suggesting it may have comparative advantages in layout or systems. The lot size, while substantial, is more typical for the area, indicating the home itself is the primary driver of its above-average valuation and appeal.
Frequently Asked Questions
1. What are the annual property taxes?
While the exact annual amount isn't listed here, it would be calculated based on the current assessed value of $553,000 and the City of Winnipeg's mill rate. You can estimate this fairly accurately using the City's online tax calculator.
2. Is the swimming pool heated, and what are the typical seasonal maintenance costs?
The listing confirms a pool but does not specify if it's heated. For a pool of this type, prospective buyers should budget for standard seasonal opening/closing, ongoing chemical maintenance, and potential liner or equipment upkeep, which can vary significantly year to year.
3. Why is there no garage, and is there potential to add one?
The property has no garage, which is a trade-off for the large backyard and pool area. Given the generous lot size (over 5,400 sqft), adding a garage or a carport may be a possibility, but it would require investigating City zoning bylaws, setback requirements, and the impact on the existing outdoor space.
4. How does the 2022 sale price compare to the current assessment?
The home sold for $530,000 in July 2022. The current assessed value is $553,000. This indicates a stable or slightly appreciating market value for the property in the intervening period, which is a positive indicator of the home's market position.
5. The home is 47 years old. What should I consider regarding updates and systems?
As a home built in 1979, key systems like the roof, windows, plumbing, and electrical may be original or have been updated at various times. A thorough home inspection would be crucial to understand the condition and remaining lifespan of these major components, as well as the insulation and energy efficiency typical of that era.