Property Overview: 579 Community Row, Winnipeg
Key Characteristics & Appeal
This 1969-built bi-level home sits on a notably large, approximately 15,000 sqft lot in Betsworth, offering a rare blend of space and established character. Its primary appeal lies in its generous land size, which ranks in the top 2% of all Winnipeg properties, providing exceptional outdoor potential for gardening, recreation, or future expansion. The home features 1,334 sqft of living space with a finished basement and an attached garage.
The property’s strength is its outstanding positional value within its community. It ranks in the top 7% of homes in its neighborhood for lot size and the top 35% for assessed value, suggesting it is a premium holding in a desirable area. It suits buyers looking for a solid, long-term family home on a truly sizable lot without venturing into rural areas, or those who value land as a primary asset. A thoughtful perspective is that while the house itself is of average size and age for the area, the land represents a disproportionate share of the property's value and future potential, making it ideal for a buyer with a vision for the outdoors or a long-term view on infill development trends.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, its lot size is larger than 98% of homes in Winnipeg, placing it in the top 2%. Conversely, its 1969 build year is newer than only 47% of Winnipeg homes, meaning it's older than average.
2. Is the house itself outdated?
The home is 57 years old, so some original elements may remain. However, the presence of a finished basement indicates updates have been made. A buyer should budget for modernizations consistent with a home of this era.
3. Who would benefit most from such a large lot?
Beyond gardening and play space, this lot could appeal to multi-generational families considering a future secondary suite (subject to zoning), hobbyists, or anyone placing a premium on privacy and room to grow that is increasingly scarce in mature neighborhoods.
4. How does the assessment value relate to the asking price?
The municipal assessment of $466,000 is a tax valuation and a market indicator, showing the home is valued higher than 77% of Winnipeg properties. The listing price will reflect current market conditions and may differ from this assessed value.
5. What are the considerations with a bi-level design?
Bi-levels feature split entryways with living areas typically up a short flight and bedrooms or family rooms down another. This layout offers good separation of space but requires navigating stairs for daily living. It's efficient for heating and cooling but differs from a traditional bungalow or two-storey flow.