Property Overview: 840 Community Row, Winnipeg
Key Characteristics & Appeal
This is a well-established 3-level split home in Betsworth, built in 1970 on a generous 7,199 sqft lot. With 1,363 sqft of living space, it offers a practical layout over multiple levels, a finished basement, and an attached garage. The home’s data reveals a compelling balance: its lot size and living area rank notably higher than most homes across Winnipeg, suggesting above-average space for its category. Conversely, its age is more typical, placing it in the older half of homes in its immediate neighborhood. This creates a specific appeal for buyers seeking a established property with room to grow or personalize, rather than a new, turn-key build. The strong city-wide rankings for size and value indicate a property that offers more tangible space per dollar compared to many in the wider market. It would suit practical buyers, perhaps young families or value-oriented investors, who prioritize interior and exterior space over a modern build date and are comfortable with a home that has character and potential for updates.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in specific areas. For example, ranking in the "top 15%" for lot size in Winnipeg means 85% of city homes have smaller lots. It's a quick way to see the home's relative strengths, like its spacious lot and living area, against its peers.
2. Is a 3-level split layout a drawback?
It depends on lifestyle. This style offers clear separation between living, sleeping, and recreational areas, which can be great for noise buffering or multi-generational living. However, it involves more stairs than a bungalow or two-storey, which may not suit everyone.
3. The home is older—should I be concerned?
A 1970s build means systems (roof, windows, furnace) may be at or beyond their typical lifespan. A thorough inspection is crucial. The positive trade-off is often a larger lot and more robust construction materials than newer homes in a similar price range.
4. How significant is the finished basement?
It immediately adds usable living space, which is a major asset. Be sure to check the quality of the finish, ceiling height, and ensure it meets local code requirements for egress and moisture control.
5. The community ranking for value is lower than the city ranking. Why?
While the home ranks well for value across all of Winnipeg, its position is more average within its own neighborhood. This suggests Betsworth may have a wide mix of home values or that this property’s specific age and style are more common locally. It’s wise to compare it directly with other recent sales on Community Row.