Property Overview: 51 Barbara Crescent
This two-storey home in Betsworth presents a compelling opportunity for buyers seeking space and established value. Built in 1979, its key appeal lies in its generous 7,930 sqft lot—a rarity that places it in the top 11% of all Winnipeg properties for land size. The 1,754 sqft living area is above average for the city, complemented by a finished basement and an attached garage. The home’s assessed value ranks highly within its broader context, suggesting solid foundational equity.
Its strongest suit is for buyers who prioritize outdoor space and long-term potential over modern finishes. The large lot offers room for gardens, play, or future expansion, appealing to families or those who enjoy gardening and entertaining. The rankings indicate it’s a well-sized property on a desirable street within the neighborhood, suited for someone ready to live in a mature, established community while possibly personalizing the interior over time. It’s a practical choice for those looking to trade a premium for brand-new construction in favor of lot size and location within the city.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg. For example, its land size is in the top 11% city-wide, meaning you're getting more yard than most Winnipeg homes. Its age is newer than 62% of Winnipeg homes, placing it in the established but not historic category.
2. Is the finished basement included in the 1,754 sqft living area?
Typically, "living area" (or above-grade square footage) does not include basement space, even if finished. The 1,754 sqft refers to the main and upper floors. The finished basement is an additional bonus space.
3. The house is 47 years old. What should I budget for updates or maintenance?
While the rankings show it's in good company for its age, a home from this era may have original major components, like the roof, windows, or HVAC system, nearing the end of their service life. A thorough inspection is crucial, and budgeting for proactive updates can be a wise strategy.
4. How does such a large lot impact my costs and responsibilities?
A nearly 8,000 sqft lot offers great space but also means higher property taxes (based on the high assessment) and more yard maintenance. It could also present opportunities like adding a deck, shed, or even a future addition, subject to local bylaws.
5. The home ranks higher city-wide than in its own neighborhood. What does that mean?
This pattern suggests that while the property is very competitive within Winnipeg overall, Betsworth itself may contain a mix of larger, higher-value homes. It indicates you are getting a strong property that stands out in the city, but it's important to evaluate if the specific neighborhood character aligns with your lifestyle.