Property Summary: 5591 Betsworth Avenue
Key Characteristics & Appeal
This is a well-established, single-storey home on a large, mature lot in Winnipeg's Betsworth area. Built in 1978, its primary appeal lies in its generous 8,755 sqft property—a significant outdoor space that ranks in the top 9% of all lots in Winnipeg. The home itself offers 1,262 sqft of living space with a finished basement and a detached garage. The data suggests a property that balances space, established character, and relative value within its community.
Its standout feature is clearly the lot size, offering rare potential for gardening, expansion, or simply ample private outdoor living. While the house is older, it ranks as newer than most on its specific street, indicating a neighbourhood of similar vintage. The finished basement adds functional living space. This home would best suit buyers looking for a long-term family home with room to grow outdoors, or those who value the established trees and quieter feel of a mature neighbourhood over a brand-new build. It’s a practical choice for someone comfortable with a home of this age, who sees the land as a key asset and is potentially looking for a property where the value is anchored in the lot as much as the structure.
Frequently Asked Questions
1. What is the neighbourhood like?
The home is in the Betsworth area. Ranking data shows the property itself outperforms 67% of homes in its immediate community on lot size, suggesting it's one of the larger properties in the area, which often correlates with quieter, more established streets.
2. Is the house in need of major updates?
As a home built in 1978, some systems (like roof, windows, furnace) may be approaching or due for updates depending on their maintenance history. A thorough inspection is advised, though the home ranks newer than 90% of houses on its specific street.
3. How does the assessment value relate to the asking price?
The city's assessed value is $400,000, which places it higher than 65% of Winnipeg homes. This assessment is a municipal tool for calculating taxes and is not a market appraisal. The listing price will reflect current market conditions.
4. What are the advantages of such a large lot?
Beyond privacy and space, a lot of this size (over 8,700 sqft) offers flexibility. It could accommodate additions like a large shed, a workshop, or an expansive deck. It's a feature that is increasingly rare and cannot be added to an existing property.
5. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in its community, and across Winnipeg for metrics like lot size and age. For example, being in the top 9% for lot size city-wide highlights its scarcity value. These are useful, data-driven indicators of how specific attributes of this property compare to the broader market.