Property Overview: 808 Community Row, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in the Betsworth neighbourhood, built in 1974. Its primary appeal lies in its generous proportions and mature lot. With 2,248 sqft of living space, it ranks in the top 5% of homes in Winnipeg for size, offering ample room for a growing family or those who value space. The nearly 7,900 sqft lot provides significant outdoor potential. While the basement is unfinished, this presents a customization opportunity for future expansion.
The home’s value is underscored by strong relative rankings: it surpasses 95% of Winnipeg homes in size and 80% in assessed value. Its appeal is balanced; it’s not the newest on the block (ranking newer than only 54% city-wide), but it offers established character in a sought-after size category. It would suit practical buyers looking for a "bones-good" property—those who prioritize square footage and land over turn-key finishes and are comfortable with a home that may require personalization or updates over time. The presence of a split garage adds functional utility.
Frequently Asked Questions
1. What does the ranking system mean?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg for metrics like size, age, and value. For example, ranking in the "top 5%" for size means 95% of Winnipeg homes are smaller, highlighting its spaciousness as a key asset.
2. Is an unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers a blank canvas to create exactly the space you need (e.g., a rec room, home gym, or additional bedroom) without needing to undo previous renovations.
3. The home is over 50 years old. What should I consider?
Its age is typical for the neighbourhood. A key focus for due diligence should be the major systems (roof, windows, plumbing, electrical, and foundation) to understand their condition and any upcoming maintenance, which can be more impactful than cosmetic updates.
4. Who is the typical buyer for this home?
It’s ideal for space-seekers—families needing multiple bedrooms and living areas, or individuals who work from home and desire dedicated offices. It also suits value-oriented buyers who see potential in personalizing an unfinished basement and updating décor over time.
5. How does the assessed value relate to the listing price?
The municipal assessment of $486,000 is for tax purposes and reflects a mass appraisal from a prior date. It’s a useful data point showing the home is valued above most in the city, but the market-driven listing price will be determined by recent sales of comparable homes, current condition, and market demand.