Property Overview
This two-storey home at 47 Scotswood Drive presents a compelling opportunity in Winnipeg's Betsworth area. Built in 1978, its key appeal lies in its generous proportions and established setting. The 1,840 sqft living space is notably larger than most area homes, ranking within the top 20% locally. It sits on a substantial 6,721 sqft lot and features a finished basement and an attached garage. The property’s overall assessed value ranks higher than roughly 80% of Winnipeg homes, indicating solid fundamentals.
Its appeal is grounded in space and value. It suits buyers looking for a roomy, classic two-storey layout in a mature neighbourhood without a premium price tag. It would particularly fit a growing family needing more interior space or a value-conscious buyer seeking a home with above-average lot size and established community roots. A thoughtful perspective is its potential for those who appreciate a "blank canvas"—a well-sized property from the late 70s that may benefit from modern updates, allowing the new owner to add personal value over time.
Frequently Asked Questions
1. How does this home compare to others on the street and in the neighbourhood?
The home ranks highly for its living space, surpassing 81% of homes on its street. Its lot size and assessed value also rank above average locally, meaning it offers more space and perceived value than many surrounding properties.
2. What is the significance of the 2016 sale price compared to the current assessment?
The home sold for $338,000 in July 2016. Its current assessed value of $479,000 reflects market changes and improvements over eight years. This history shows a trajectory of increased value.
3. Is the basement included in the listed living area?
No, the 1,840 sqft figure refers to the above-grade living space. The home has a separate, finished basement, which provides additional usable square footage.
4. What does the "ranking" data for the build year mean for a 1978 home?
While 48 years old, it is newer than about 60% of homes in the wider community and Winnipeg. This suggests the neighbourhood has many even older, character homes, positioning this property as a relatively newer option in an established area.
5. What type of maintenance should be anticipated given the home's age?
As a home from the late 1970s, a prudent buyer should budget for updates to major aging components common for that era, such as the roof, windows, or HVAC systems. The finished basement should also be checked for proper moisture management.