Property Overview: 759 Berkley Street
Key Characteristics & Appeal
This is a well-established, single-storey home on an exceptionally large, mature lot in the Betsworth neighborhood. Built in 1972, the 1,180 sqft residence features a finished basement and a detached garage. Its most significant asset is the 13,111 sqft property, which places it in the top 3% of all Winnipeg lots by size. This offers rare potential for expansion, gardening, or outdoor recreation within the city.
The home’s appeal lies in its balance of space, location, and value. It suits practical buyers looking for a solid foundation in a quiet neighborhood. It would be ideal for a first-time buyer or downsizer who values a manageable single-level layout but doesn’t want to compromise on outdoor space. The large lot also makes it a compelling option for a future-focused buyer or builder who sees the long-term value in the land itself, perhaps envisioning a significant renovation, addition, or even future redevelopment.
Frequently Asked Questions
1. What is the neighborhood like?
Betsworth is a mature, established community in Winnipeg. The high lot-size ranking suggests a neighborhood with spacious properties, offering more privacy and greenery than newer subdivisions.
2. Is the house updated or in original condition?
The listing notes a finished basement but does not specify recent renovations to key areas like the kitchen or bathrooms. Given the age of the home, buyers should budget for potential updates to suit modern tastes and efficiency standards.
3. What can I do with such a large lot?
Beyond a spacious yard, a lot of this size (over 13,000 sqft) may allow for additions like a large workshop, extensive landscaping, or a pool. It’s always wise to verify zoning bylaws with the city for any specific plans.
4. How does the "ranking" system work?
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 highlights just how rare and valuable that feature is.
5. Why is the assessed value a useful metric?
The municipal assessment of $411,000 provides a benchmark independent of the listing price, offering insight into the city’s valuation for tax purposes. It can be a starting point for understanding the property’s base value in the current market.