Property Overview: 686 Community Row, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, modern bungalow built in 2012, offering a move-in ready foundation in the Betsworth area. Its key characteristic is balance: it pairs a newer build's advantages with a generous, mature lot. The home itself is a practical 1,076 sqft one-storey layout with an unfinished basement and an attached garage, ideal for straightforward living or future customization.
The appeal lies in its strong positional value within the broader market. While the living space is modest for the neighborhood, the property excels in lot size (over 8,300 sqft, placing it in the top third locally) and is exceptionally new for its street, ranking in the top 1%. This combination is rare—a newer home on a large, established lot. With an assessed value that places it in the top 22% city-wide, it presents as a competitively priced, low-maintenance property with room to grow outdoors.
It would suit first-time buyers or downsizers seeking a modern, single-level home without a cramped yard, or an investor looking for a newer asset with above-average land value in a stable community.
Frequently Asked Questions
1. What does the "unfinished basement" mean for potential?
It provides a blank canvas for future expansion, such as adding a rec room, home office, or additional storage. Buyers should budget for finishing costs but gain the ability to customize the space to their exact needs.
2. The living area ranks lower in the neighborhood; is the house small?
At 1,076 sqft, the living space is functional but not expansive for the area. The trade-off is the significantly larger-than-average lot. The value proposition is more about the land and the newness of the structure than interior square footage.
3. How meaningful are the provided rankings?
They are a useful, at-a-glance tool for comparison. The key takeaways here are the home's top scores for "newness" on its street and its strong lot size ranking, highlighting its standout attributes against immediate comparables.
4. Is the 2012 build year a significant advantage?
Yes. A 14-year-old home typically means newer major systems (roof, HVAC, windows), potentially lower immediate repair costs, and modern building standards compared to much of the existing housing stock in Winnipeg.
5. Who might this property not suit?
Buyers prioritizing immediate, extensive indoor living space over yard size or those seeking a fully turnkey home with a finished basement for entertainment might find the layout limiting. It's a home for those who value the potential of space and modern fundamentals.