Property Overview: 605 Community Row, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home in Betsworth, built in 1966 on a remarkably large, mature lot of over 15,000 square feet. Its primary appeal lies in this exceptional outdoor space, offering rare potential for gardening, expansion, or simply enjoying private, generous grounds within the city. The 1,446 sqft home includes a finished basement and an attached garage.
The property’s standout feature is its strong positional value within its broader context. It ranks in the top tier for lot size, living area, and assessed value not just on its street, but across the entire community and Winnipeg, indicating it is a larger, more valuable asset than most comparable properties. This suggests a solid, above-average investment in a desirable setting. However, its age is reflected in rankings, placing it among the older homes in the area, which buyers should factor into their plans.
This home would best suit buyers who prioritize land and space over a modern build. It’s ideal for those seeking a quiet, established neighbourhood and who have the vision to update a classic home to their taste. The large lot makes it equally appealing to growing families, gardening enthusiasts, or anyone looking for a long-term property with room to grow.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being in the top 2% for lot size in Winnipeg means the yard is exceptionally large. Conversely, ranking in the top 89% for age (meaning only 11% of homes are older) confirms it is one of the more mature homes in the community, which is important for renovation planning.
2. Is the finished basement included in the 1,446 sqft living area?
Typically, the main living area (sqft) quoted for homes refers to above-grade space. The finished basement is an additional bonus area, adding functional square footage not reflected in that primary figure.
3. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (approx. 0.35 acres) may offer future potential like adding a sizable shed, pool, or even an addition, subject to city bylaws. It also likely means higher maintenance (lawn care, landscaping) but provides a unique sense of openness.
4. The home is older—what should I consider?
While the structure has proven durable, a 1966 build warrants careful attention to major systems during inspection: the roof, plumbing, electrical, and foundation. The age also presents an opportunity to customize renovations to your style, rather than paying a premium for someone else’s recent updates.
5. Why is the assessed value important here?
The assessment ($440,000) places this home well above average for the area (top 27% in Winnipeg). This indicates the municipal assessor views it as a high-value property, likely due to the lot size and improvements. It’s a useful benchmark for understanding its official valuation relative to taxes and market price.