Property Overview & Key Characteristics
This 1986-built, one-storey home on a large 7,748 sqft lot in Betsworth offers a practical and spacious foundation. Its key appeal lies in the combination of a generous, private yard and a fully finished basement, providing flexible living space. With 1,383 sqft of living area, an attached garage, and a layout spread over two levels (including the basement), it suits growing families, multi-generational households, or anyone seeking room for a home office or hobbies without the maintenance of a two-storey design.
The property’s value is underscored by its strong city-wide rankings: its lot size surpasses 88% of Winnipeg homes, and its assessed value is higher than 80% of properties, suggesting a desirable location and solid fundamentals. However, its age and build year rank lower within its immediate street and neighbourhood, indicating it is among the older homes on the block—a point for buyers to consider regarding potential updates. This home would best suit value-conscious buyers who prioritize land size and finished space over a modern build, and who are comfortable with a property that may benefit from personalization.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, its lot size is in the top 12% city-wide, a major strength. Conversely, its 1986 build year is newer than only 11% of homes on its street, meaning most neighbours' houses are newer.
2. Is the finished basement included in the 1,383 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The fully finished basement is additional space, significantly increasing the home's usable footprint.
3. The assessment is $483,000. Is that the sale price?
No. The assessed value is for municipal tax purposes. The sale price is set by the market and can be higher or lower based on condition, updates, and current demand.
4. What are the pros and cons of a home that's older than most on its street?
A potential pro is that it may have a more established, mature landscape on its large lot. A con could be that it might require more upkeep or modernization compared to neighbouring houses, which could affect future resale value relative to the street.
5. Who would this property NOT be ideal for?
It may not suit buyers seeking a modern, turn-key home or those who prefer a newer neighbourhood aesthetic. It's also less ideal for those who prioritize a top-tier ranking in both size and building age within their immediate micro-area.