Property Overview: 719 Berkley Street
Key Characteristics, Appeal & Ideal Buyer
This well-established Betsworth bungalow sits on an exceptionally large, mature lot of over 13,500 sqft—a rare find that places it in the top 10% of its community for land size. The home itself is a classic 1969 one-storey layout with 1,166 sqft of living space and a finished basement. Its standout appeal lies not in flashy updates, but in its solid foundation of space and location. The property offers significant value through its generous outdoor canvas, providing immense potential for gardening, expansion, or simply enjoying private green space in the city. With rankings showing it outperforms 97% of Winnipeg homes on lot size and sits in the top third for assessed value, it represents a grounded opportunity in a desirable neighbourhood.
It would perfectly suit a buyer looking for a long-term home with room to grow, whether that means customizing the existing floor plan, adding to the structure, or prioritizing a large, private yard over a brand-new build. It’s also an ideal match for those who value established communities with mature trees and a sense of permanence, and who see the inherent value in land as a primary asset.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg. For example, being in the "top 3%" for lot size city-wide confirms the lot is exceptionally large, while the "top 53%" for building age indicates the home is of a very typical vintage for the area.
2. Is the large lot usable, or is it an odd shape?
While a specific survey is needed, the very high land-size ranking suggests a lot that is substantially larger than the norm, not just a slight variation. This typically translates to greater usable width and depth for the yard.
3. What is the neighbourhood like?
Betsworth is a mature, established neighbourhood. The data shows homes here are highly sought-after for their lot sizes, as this property ranks better within its community than on its own street, indicating a consistently desirable area.
4. What might "potential" involve for this property?
The potential is twofold: the outdoor space allows for additions like a deck, workshop, or landscape projects, while the finished basement and bungalow layout offer flexible living space. The value is in the opportunity to tailor the property over time.
5. How does the assessed value relate to the asking price?
The assessed value of $416,000 is a municipal valuation for tax purposes and is a useful benchmark, showing the home is valued above average for Winnipeg. Market price is determined by current conditions, but this assessment indicates a solid underlying value for the lot and location.