Property Overview: 612 Community Row, Winnipeg
Key Characteristics & Appeal
This is a classic, well-situated one-storey home in Betsworth, built in 1953. Its primary appeal lies in its substantial 13,824 sqft lot, which places it in the top 3% of all Winnipeg properties for land size. This offers exceptional outdoor space for gardening, recreation, or future expansion. The home itself is modest at 908 sqft and includes a finished basement and a detached garage. While the house ranks lower in relative size, age, and assessed value within its immediate area, it represents a solid opportunity on a premier lot. The property's overall rankings suggest a desirable location within a well-established community.
This home would best suit a buyer who values land over a large existing footprint. It's ideal for someone looking for a manageable single-level living space with the rare potential to renovate, expand, or simply enjoy one of the larger yards in the city. It could appeal to downsizers seeking a private oasis, or to strategic buyers viewing the lot itself as the long-term asset.
Frequently Asked Questions
1. The house seems small and older compared to others on the street. What's the real draw here?
The primary advantage is the exceptionally large lot, which is significantly bigger than most in Winnipeg. This offers privacy, space, and potential that is increasingly rare within the city.
2. What does "finished basement" imply in a 1953 home?
It typically means the basement space is developed into usable living areas, but finishes and systems (like electrical and insulation) may reflect older standards. It adds functional space, but a inspection is advisable to understand its condition.
3. The assessed value is lower than many neighbours. Is that a concern?
Not necessarily. Municipal assessments are for tax purposes and often lag behind market values, especially for unique properties. The lower assessment could be influenced by the home's smaller size and age, while the market may place a higher premium on the lot itself.
4. Who is the typical buyer in this neighbourhood?
Betsworth attracts a mix of long-time residents and those seeking established, family-friendly communities with mature landscapes. This particular property, with its large lot, might also attract buyers interested in customizing their space over time.
5. What are the main considerations for maintenance?
As a home from the 1950s, key systems like the roof, plumbing, and foundation should be carefully evaluated. The detached garage may also require attention. The large lot, while a benefit, also means higher upkeep for landscaping and yard maintenance.