Property Summary: 860 Community Row, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-established, single-storey home in Betsworth, built in 1969. Its key feature is a generous, mature lot of approximately 7,200 square feet, offering significant outdoor space that is uncommon in many newer subdivisions. The home itself is a practical 1,146 sqft bungalow with a finished basement, providing flexible living space. Its appeal lies in its grounded, no-fuss character—it’s a home that prioritizes functional space and land over modern frills.
The property suits buyers looking for a solid entry point into the market with room to grow, both in terms of the yard and potential home updates. It would also appeal to downsizers or those seeking single-level living without being in a condo. The rankings data reveals a compelling perspective: while the home’s size and age are average for its immediate area, its lot size is a standout feature, and it holds a surprisingly strong position (top 15%) when compared to all properties in Winnipeg for land area. This suggests you’re acquiring a scarce commodity: a sizable urban lot.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others in its street, neighborhood, and all of Winnipeg. For example, being in the “top 15% in Winnipeg” for lot size means 85% of properties have smaller lots, highlighting a key advantage.
2. Is the finished basement included in the 1,146 sqft living area?
No. The 1,146 sqft refers to the above-ground living space. The finished basement provides additional, separate square footage.
3. The assessed value seems lower than expected relative to the price. Why?
Municipal assessments for tax purposes often lag behind current market values and use a different valuation model. The sale price reflects current market conditions, buyer demand, and the value of the large lot.
4. What are the implications of a 1969 build year?
While the home has proven, sturdy construction, buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which may be nearing the end of their service life.
5. There’s no garage. Is adding one feasible?
Given the very large lot size, there is likely space to add a detached garage or carport, subject to local zoning bylaws and setback requirements. This is a significant potential value-add for a future owner.