Property Overview & Key Characteristics
This 1940s-era one-storey home on a large, 11,055 sqft lot in Betsworth offers a distinct proposition. Its primary appeal lies in the exceptional lot size, which ranks in the top 5% of all Winnipeg properties, providing rare space and potential in the city. The house itself is modest at 1,142 sqft with an unfinished basement, presenting a classic "good bones" scenario. Its value is grounded more in the land and location than in the current structure.
The property would best suit a specific type of buyer: those seeking a long-term project or a blank canvas. It's ideal for a handy homeowner looking to gradually customize and expand a home, or for a future builder who values the large lot for potential redevelopment. It's less suited for someone seeking immediate, move-in-ready perfection. A thoughtful perspective is that while the home's age and features rank low locally, this translates to an opportunity to create exactly what you want without overpaying for someone else's high-end renovations. The strong community and city-wide rankings for lot size indicate a fundamentally valuable asset that is unlikely to be replicated in newer subdivisions.
Frequently Asked Questions
1. What does the ranking data actually tell me?
It shows how this property compares to others in its immediate area and the wider city. For example, while the house is older and smaller than many in its own neighbourhood, its lot size is among the largest in all of Winnipeg, highlighting a key trade-off and opportunity.
2. Is the unfinished basement a drawback or an opportunity?
It depends on your goals. It requires investment to finish, but it also provides flexible, untouched space to design exactly to your needs—whether for storage, a future suite, a workshop, or additional living area—without needing to undo previous work.
3. Who might this property not be suitable for?
It may not suit buyers who want a low-maintenance, modern home with no immediate projects. Given its age and the scale of the lot, it likely requires ongoing upkeep and vision to realize its full potential.
4. How significant is the "split garage" on a lot this size?
A split garage on such a large lot is often seen as a practical feature, allowing for separate workshop or storage space, or simply easier parking. On this property, it's one functional element within a landscape that offers ample room for other additions like gardens, patios, or even an extension.
5. Does the 1940s construction mean major issues?
While the era suggests character and solid construction, it necessitates diligent inspections for aging components like plumbing, electrical, and the foundation. The key is to view the inspection as a roadmap for a thoughtful renovation plan, not just a list of problems.