Property Summary: 746 Community Row, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-story home on a generously sized lot in the Betsworth area. Built in 1971, its primary appeal lies in its spacious 7,197 sqft property—a significant asset that ranks in the top 15% for size across Winnipeg. The home itself is a manageable 1,040 sqft with a finished basement, offering practical living space. Its value proposition is grounded in land potential and location stability rather than modern finishes or square footage.
The property suits practical, forward-thinking buyers. It's ideal for someone who values a large yard for gardening, pets, or future expansion over a large interior. It would also appeal to a first-time buyer or downsizer looking for a solid, entry-level home in a mature neighborhood without the premium of a new build. The rankings suggest it's a home with a strong lot but an older structure, making it a candidate for those comfortable with gradual updates or who see long-term value in the land itself.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in its community, and across Winnipeg for specific metrics like lot size and age. For example, being in the "top 15%" for lot size in Winnipeg means 85% of city lots are smaller, highlighting a key strength.
2. Is the finished basement included in the 1,040 sqft living area?
No, the 1,040 sqft refers to the above-ground living space. The finished basement provides additional usable rooms but is not counted in the official living area square footage.
3. The home ranks lower for "newness." Should I be concerned?
This reflects its 1971 build date. It's typical for a mature neighborhood and indicates that major systems (roof, wiring, plumbing) may be at or beyond their typical lifespan, so a thorough inspection is essential. This is factored into the price and assessment value.
4. Why is the assessed value ranking lower than the lot size ranking?
The assessment considers the entire property—the land and the building. The high lot size ranking is offset by the home's age and more modest living area, resulting in a total assessed value that is more middle-of-the-road for the city.
5. There's no garage. Is adding one feasible?
The large lot size certainly provides the physical space to consider adding a garage or carport in the future. Any addition would be subject to local zoning bylaws and permitting, but the lot is a major advantage for this type of project.