Property Overview: 90 Civic Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Betsworth home is a classic 1988-built bungalow offering comfortable, single-level living on a generous 6,172 sqft lot. Its key appeal lies in its balanced offering of space, location, and value. With 1,687 sqft of living area, it provides ample room for a family or those seeking a spacious layout without stairs. The property includes a connected garage and a full, unfinished basement—a significant blank canvas for future expansion or storage.
The home’s strength is underscored by its competitive rankings within the broader Winnipeg context, particularly for its above-average living area and relatively modern build year for its class. It suits practical buyers looking for a solid, move-in-ready home with clear potential to add value through basement development. Its appeal is for those who prioritize a quiet street, a large yard, and the efficiency of bungalow living, making it a strong candidate for growing families, empty-nesters, or long-term investors seeking a property with foundational equity.
Section 2: Frequently Asked Questions
1. What is the true condition of the unfinished basement?
While described as unfinished, it's important to verify the state of the core components (foundation, insulation, plumbing rough-ins) during a viewing to accurately gauge the scope and cost of any future development.
2. How does the "ranking" system work for the property stats?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg. For example, being newer than 73% of Winnipeg homes is a positive indicator of its relative condition, while its assessment ranking suggests it may be valued conservatively relative to peers.
3. What are the typical property taxes for this assessment value?
With a City-assessed value of $465,000, prospective buyers should calculate the estimated annual property tax using the current municipal mill rate to budget accurately.
4. Is the large lot size a benefit for future expansion?
The 6,172 sqft lot offers excellent outdoor space and potential for additions like a deck, garden, or shed. It's wise to check municipal zoning bylaws to understand any limitations on lot coverage or building setbacks for future projects.
5. The home ranks lower on its street for assessed value. What does this imply?
This statistic suggests the home's official assessment is lower than many of its immediate neighbors. This can be advantageous for property taxes, but it may also indicate the home has fewer updates or a different configuration than higher-valued peers on the block, which should be factored into offer considerations.