866 Charleswood Road

Property Overview: 866 Charleswood Road

Section 1: Key Characteristics & Appeal

This is a distinctive, well-situated one-storey home in Winnipeg's Betsworth neighbourhood. Its primary appeal lies in its exceptional outdoor space and recent updates, offering a unique blend of suburban tranquility and modern convenience on a large, private lot.

Key Features & Appeal:

• Expansive & Private Lot: The property's standout feature is its 16,270 sqft lot, which is significantly larger than most in the area (ranking in the top 5% of the neighbourhood). This offers immense potential for gardening, recreation, and expansion.
• Updated Amenities: The home includes desirable modern comforts with a renovated basement and a swimming pool, making it move-in ready for summer enjoyment and entertaining.
• Strong Garage Provision: With both an attached and a detached garage, it provides ample space for vehicles, workshops, or extra storage—a rare find.
• Established, Desirable Location: Built in 1958, the home is situated on a mature street. Its recent sale history (July 2022) shows a sold price significantly above its assessed value, indicating strong market demand for this specific location and property type.

Ideal Buyer Profile:
This property is ideally suited for buyers prioritizing land and outdoor living over a large interior footprint. It would perfectly fit a downsizer seeking a manageable single-level layout without sacrificing garden space, a family looking for a private backyard oasis and room for kids to play, or a hobbyist who values the extensive garaging and workshop potential. Its appeal is for those who see the value in a premium lot within a well-ranked neighbourhood.

Section 2: Frequently Asked Questions

1. How does the living space compare to the neighbourhood?
At 865 sqft, the living area is compact but efficient, ranking in the top 6% of homes in Betsworth. This suggests the value proposition is heavily weighted toward the land and outdoor amenities rather than interior square footage.

2. The assessed value seems low. What does that indicate?
The assessed value is for municipal tax purposes and often lags behind market value. The home sold for $60.1k in 2022, which was in the top 7% of Winnipeg sales at that time, demonstrating its higher actual market worth.

3. Is the older build year (1958) a concern?
While the home is older, key systems have been updated, notably the renovated basement. The "newer than 90% of homes on its street" ranking also indicates it is among the more recent builds in this established, desirable area.

4. What is the neighbourhood like?
Betsworth is a stable, established neighbourhood. This property ranks in the top 5% locally for lot size, suggesting it's among the most private and spacious offerings in the area, which is a significant advantage.

5. What might be a less obvious consideration?
The combination of a large lot, a pool, and extensive garaging implies potentially higher ongoing costs (maintenance, utilities, property taxes) compared to a standard lot with a smaller home. However, this is balanced by the unique lifestyle and utility these features provide.