Property Overview: 63 Hunterspoint Road
Key Characteristics & Buyer Appeal
This is a well-established, two-storey family home in Betsworth, built in 1981. Its primary appeal lies in its generous proportions and strong standing within its market. With over 2,000 sqft of living space, it is notably larger than most homes in Winnipeg, ranking in the top 9% for size. The property sits on a good-sized lot and features a finished basement and an attached garage.
The home’s value proposition is underscored by concrete data. It holds a high assessed value and a recent 2022 sale price that placed it in the top tier of the local market, suggesting a history of solid investment. While the home itself is not new, its construction year is actually newer than a majority of properties in the area, offering a relative advantage. This combination—a spacious, updated interior on a decent lot within a mature neighbourhood—creates a practical, turnkey option. It would suit buyers looking for move-in-ready space without the premium of a brand-new build, particularly growing families who prioritize interior square footage and established community feel over a more modern exterior.
Frequently Asked Questions
1. How does the 2022 sale price compare to the current assessment?
The home sold for $610,000 in June 2022, which is significantly higher than its current assessed value of $534,000. This indicates the market recently valued the property highly, though assessments and market values can differ based on timing and methodology.
2. Is the house considered updated or in need of work?
The listing notes a finished basement, confirming some level of modernization. Given the 1981 build date, major systems (like roof, windows, furnace) may be at varying stages of their lifecycle, so a thorough inspection is advised to understand the condition of these components.
3. How does this property rank for size and value in its immediate area?
Within its own street, it ranks in the top 34% for size and the top 16% for assessed value. This suggests it is one of the larger and more valuable homes on Hunterspoint Road itself, offering a sense of relative prominence in its direct surroundings.
4. The community ranking for "size" is very high, but for "value" it's lower. Why?
The home ranks in the top 14% for size in the broader community, but the top 17% for assessed value. This slight discrepancy could imply that while the house is very spacious, its assessed value per square foot might be slightly lower than the community's absolute highest-tier properties, which could be seen as a relative value for buyers seeking space.
5. What does the transaction history tell us?
The home has changed hands twice in recent years (2020 and 2022), with a notable price increase between those sales. This can indicate strong market momentum at the time, but it also means the home has not been held long-term by one owner, which is a neutral fact worth noting.