Property Summary: 6496 Betsworth Avenue
Section 1: Overview & Appeal
This 1972-built, single-storey home sits on a notably large, 6,192 sqft lot in the Betsworth area of Winnipeg. Its key characteristic is a sense of solid value and space, offering a renovated basement and a living area that ranks above average for both the neighbourhood and the wider city. The appeal lies in its balance: it's a property with a mature lot size that outperforms many peers in terms of living space and recent assessed value, yet it maintains a very accessible price point, as evidenced by its last sale in 2019.
This home would suit practical, value-oriented buyers—perhaps first-time homeowners or downsizers—who prioritize interior space and a generous yard over a modern build date or garage. It’s for someone who sees potential in a home’s fundamentals (lot size, functional space, updated essentials like the basement) rather than requiring turn-key perfection. The rankings suggest it’s a competitively strong property within its immediate circle, offering more house and land than many nearby alternatives.
Section 2: Frequently Asked Questions
Q: How does the lot size compare to typical properties?
A: The 6,192 sqft lot is a significant feature, ranking in the top half of the street and the top 27% for the entire neighbourhood. This means the yard space is substantially larger than many in the area.
Q: The home was built in 1972. What should I consider?
A: While the build date is older, the renovated basement is a key update. A standard home inspection is always advised to assess the condition of major aging components like the roof, windows, and foundation.
Q: What do the ranking percentages next to "Assessed Value" mean?
A: An assessed value ranking in the top 14% of the neighbourhood indicates that, according to municipal assessment, this property is valued higher than 86% of nearby homes. This often reflects desirable attributes like the lot size and renovations.
Q: There's no garage. Is that common here?
A: The lack of a garage is a trade-off for the lot and price point. It’s a feature to plan for, but the large lot does offer potential for future parking solutions or storage sheds, subject to local bylaws.
Q: The last sale price seems much lower than the current assessed value. Why?
A: The property sold in mid-2019 for $24.5k, which was a very low price even for that time (ranking in the bottom 5% of the neighbourhood). The current assessed value of $34.1k is more aligned with area norms and likely reflects the renovated basement and general market changes since that last sale.